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Lucy9988

Lucy9988

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2021-07-29

远离比较好

抱歉，原内容已删除

2021-06-27

从支撑点反弹了吗

2021-06-24

利好

小鹏汽车港股发行价最高180港元每股，蔚来送祝福

2021-06-23

普拉格是不是开始启动了

2021-06-23

都是对的，赚钱就好

抱歉，原内容已删除

2021-06-22

挺好的股票

2021-06-21

关于和想变美的行业挂钩，就是暴利

“植发第一股”要来了，毛利率超70%，创始人仅35岁

2021-06-20

希望人们尽快完成接种，保护自己和家人

抱歉，原内容已删除

2021-06-19

如果美股指数跌，大家买UVXY，稳稳的赚钱

抱歉，原内容已删除

2021-06-19

再等等看

抱歉，原内容已删除

2021-06-19

放过大A的股民

抱歉，原内容已删除

2021-06-19

今年我管住手了，不知道买啥了

京东发布618最终战报：累计下单金额超3438亿

2021-06-17

黄金等待止跌然后再进行布局，一些人预测可能会跌50

抱歉，原内容已删除

2021-06-17

随着政策的变动儿上窜下一跳，不玩这种教育股，远离

抱歉，原内容已删除

2021-06-16

不尝试谁会知道最后结果呢

抱歉，原内容已删除

2021-06-12

漂亮

【异动】造车新势力走高，小鹏汽车涨超5%

2021-06-11

会不会七月就会牛起来啊

抱歉，原内容已删除

2021-06-11

有钱买房子吧，还能保值

抱歉，原内容已删除

2021-06-09

牙科是暴利

股价涨5倍需要多久？突然走红的牙科赛道

2021-06-07

好

抱歉，原内容已删除

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20:13","market":"us","language":"zh","title":"小鹏汽车港股发行价最高180港元每股，蔚来送祝福","url":"https://stock-news.laohu8.com/highlight/detail?id=1106576178","media":"时代在线","summary":"小鹏这次在香港上市属于双重上市，受美国SEC和香港SFC双方的监管。","content":"<p>文／李卓玲</p>\n<p>距去年8月成功赴美上市不到一年时间，<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>便筹备回港IPO欲“双重上市”。</p>\n<p>6月24日晚8时，小鹏汽车发布了招股说明书补充公告称，将发行8500万股A类普通股作为全球发行的一部分，香港公开发售425万股A类普通股，股票代码为“9868”。小鹏汽车表示本次香港公开发行的最高发行价为每股180港元或23.19美元(相等于每ADS 46.39美元)。</p>\n<p>股东方面，招股书显示，小鹏汽车联合创始人、董事长兼首席执行官何小鹏及其关联公司为小鹏汽车控股股东，持股21.75%；淘宝中国持股11.9%，IDG资本持股4.8%。</p>\n<p>同日，据时代财经在港交所官网了解到，小鹏汽车已通过港交所上市聆讯，并第一次呈交聆讯后资料集。小鹏汽车称，该资料集并非最终上市文件，公司可能会不时根据上市规则作出更新或修订。</p>\n<p>据悉，此次回归港股，<a href=\"https://laohu8.com/S/JPM\">摩根大通</a>和美银为小鹏汽车联席保荐人，前述投行此前曾助小鹏完成赴美上市事宜。与此同时，小鹏汽车此次融资规模最多为20亿美元。不过，对于赴港上市相关消息，小鹏汽车对时代财经称，不予置评。</p>\n<p><img src=\"https://static.tigerbbs.com/637e64eaf32d8f5ba864c1e1c3561ec9\" tg-width=\"550\" tg-height=\"367\" referrerpolicy=\"no-referrer\">图片来源：小鹏汽车</p>\n<p>值得关注的是，除了小鹏汽车外，<a href=\"https://laohu8.com/S/NIO\">蔚来</a>和理想汽车此前亦均传出有赴港上市之心。今年3月，据媒体报道，蔚来、小鹏汽车已向港交所递交上市申请，而理想尚未“递表”；该报道并援引知情人士称，三家公司均打算出售5%的股权，筹资金额合计或将达到50亿美元。</p>\n<p>对于后续回归计划及进展，时代财经6月24日也分别采访了蔚来和<a href=\"https://laohu8.com/S/LI\">理想汽车</a>，双方均称暂无更多消息披露，而对于小鹏回港IPO动态，蔚来公关部人士称，“祝福队友”。</p>\n<p><b>双重上市</b></p>\n<p>“小鹏这次在香港上市属于双重上市，受美国SEC和香港SFC双方的监管。一般来说，这种情况会比二次上市更为严格。”6月24日，川财证券策略分析师王一棠对时代财经表示。</p>\n<p>公开资料显示，在合格交易所（如纽交所、纳斯达克等）作主要上市的企业，允许在港作第二上市，但需符合几大条件，包括企业必须是创<a href=\"https://laohu8.com/S/300832\">新产业</a>公司、在至少最近两个完整会计年度于合格交易所上市的合规纪录良好，以及申请人于香港第二上市时的总市值不少于400亿港币，或上市时的总市值不少于100亿港币并且最近一个经审计会计年度的收益不少于10亿港币等。</p>\n<p><img src=\"https://static.tigerbbs.com/7426061ec0b6d7263a5f645b48ccc96b\" tg-width=\"550\" tg-height=\"414\" referrerpolicy=\"no-referrer\">图片来源：港交所官网截图</p>\n<p>小鹏此次以目前较少见的“双重主要上市”(Dual Primary Listing)方式回归港股，主要因其距此前美股上市（去年8月27日）的间隔时间较短，不符合二次上市中对于上市主体在另一家符合条件的交易所至少有两年良好监管合规记录的要求。</p>\n<p>王一棠对时代财经称，从小鹏汽车当前市值，再加上该公司为创新企业，理论上满足上市港交所的标准。而截至6月23日收盘，小鹏汽车(XPEV.NYSE)美股收盘价为41.61美元/股，总市值达334.27亿美元，约合2595.3亿港币。</p>\n<p>不过，小鹏汽车在向港交所呈交的聆讯后资料中仍提及多项风险和不确定因素，包括作为行业新加入者的挑战、研发工作可能无法产能预期成果、自动驾驶技术风险，以及最近才开始产生收入且仍在产生亏损和负经营现金流，而此等情形将有可能于日后持续等。</p>\n<p>其中，在与<a href=\"https://laohu8.com/S/000572\">海马汽车</a>的产能合作方面，小鹏汽车称，与前者的合作协议将于今年12月31日届满，但可能存在未能与海马以可接纳的条款及条件订立新合约或延长现有合约，以及订立的协议亦可能会在双方同意下终止。如出现任何上述情况，小鹏汽车或须与其他第三方订立合约或大幅增加本身的产能。</p>\n<p>“我们无法保证在该情形下能按可接纳的条款，与其他第三方合伙或增加本身的产能以满足我们的需求，或完全不能满足。完成任何过渡及确保新第三方合作伙伴的工厂所生产的<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>电动汽车符合我们的质量标准及监管规定所需的开支及时间可能较预期为多。上述任何因素均可能对我们的业务、经营业绩、财务状况及前景造成不利影响。”小鹏汽车在其呈交的聆讯后资料中指出。</p>\n<p><img src=\"https://static.tigerbbs.com/70c771acf3ec396d6a6bb60ff0922bce\" tg-width=\"550\" tg-height=\"366\" referrerpolicy=\"no-referrer\">图片来源：网络，侵权请联系删除</p>\n<p><b>“蔚小理”加速回港上市筹资？</b></p>\n<p>在业界看来，若小鹏汽车如愿登陆港股市场，将助其进一步拓宽融资渠道，为其后续产品投放、技术研发等做好资金储备。</p>\n<p>据小鹏汽车呈交给港交所的资料显示，2018年至2020年，小鹏汽车的年研发开支分別为人民币10.51亿元、20.7亿元、17.26亿元，再加上今年一季度的5.35亿元，合计约53.82亿元。在2019年、2020年及截至2021年3月31日止三个月，上述开支分别占总收入89.2%、29.5%及18.1%。</p>\n<p>在研发人员方面，截至今年3月底，有2442名员工(占总人数约39.8%)在小鹏汽车研发部门工作，其中62.1%、16.3%和21.5%分别致力于汽车设计与工程、自动驾驶和智能操作系统。按职能分类的员工明细来看，小鹏汽车的研发人员占比仅次于负责销售及营销的员工（2518人），后者这一占比为41.1%。</p>\n<p>值得关注的是，小鹏汽车此前通过首发上市及后续股票增发等，获得较为充足的现金储备。据悉，其去年8月完成首次公开发售及于纽交所上市，经扣除承销折扣、佣金及开支后，共筹得所得款项净额约16.56亿美元。随后，去年12月，小鹏汽车又按每股美国存托股45美元或每股股份22.5美元的价格完成后续公开发售，经扣除承销折扣、佣金及开支后，共筹得所得款项净额24.45亿美元。</p>\n<p>而目前，除了小鹏汽车外，另外两家头部新势力车企蔚来、理想被传同样有回港上市计划，以进一步优化融资渠道。结合“蔚小理”车企Q1财报来看，目前三家车企现金储备均超300亿元，其中，蔚来现金储备最多达475亿元，小鹏为362.01亿元，理想汽车为303.6亿元。</p>\n<p>此前，理想汽车创始人、CEO李想曾对外表示，理想不介意任何一种方式的融资，包括二级市场、银行贷款和发债等。</p>\n<p>有业界人士对时代财经称，在拓宽外部融资渠道的同时，扩大交付规模以提升自身造血能力仍是新势力车企实现盈利的头等大事。据<a href=\"https://laohu8.com/S/002736\">国信证券</a>研报测算认为，蔚来、小鹏、理想要想实现盈利，销量规模分别需达到18万辆、12万辆和6万辆。截至今年5月底，蔚来累计交付量为10.95万辆，小鹏汽车累计交付量超6.4万辆，理想汽车累计交付量超5.6万辆。</p>","source":"lsy1588128741489","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>小鹏汽车港股发行价最高180港元每股，蔚来送祝福</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n小鹏汽车港股发行价最高180港元每股，蔚来送祝福\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 20:13 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.time-weekly.com/post/282527><strong>时代在线</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>文／李卓玲\n距去年8月成功赴美上市不到一年时间，小鹏汽车便筹备回港IPO欲“双重上市”。\n6月24日晚8时，小鹏汽车发布了招股说明书补充公告称，将发行8500万股A类普通股作为全球发行的一部分，香港公开发售425万股A类普通股，股票代码为“9868”。小鹏汽车表示本次香港公开发行的最高发行价为每股180港元或23.19美元(相等于每ADS 46.39美元)。\n股东方面，招股书显示，小鹏汽车联合...</p>\n\n<a href=\"http://www.time-weekly.com/post/282527\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1f112c7634aa63c7d43e3db0ad6536d8","relate_stocks":{"09868":"小鹏汽车-W","XPEV":"小鹏汽车"},"source_url":"http://www.time-weekly.com/post/282527","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106576178","content_text":"文／李卓玲\n距去年8月成功赴美上市不到一年时间，小鹏汽车便筹备回港IPO欲“双重上市”。\n6月24日晚8时，小鹏汽车发布了招股说明书补充公告称，将发行8500万股A类普通股作为全球发行的一部分，香港公开发售425万股A类普通股，股票代码为“9868”。小鹏汽车表示本次香港公开发行的最高发行价为每股180港元或23.19美元(相等于每ADS 46.39美元)。\n股东方面，招股书显示，小鹏汽车联合创始人、董事长兼首席执行官何小鹏及其关联公司为小鹏汽车控股股东，持股21.75%；淘宝中国持股11.9%，IDG资本持股4.8%。\n同日，据时代财经在港交所官网了解到，小鹏汽车已通过港交所上市聆讯，并第一次呈交聆讯后资料集。小鹏汽车称，该资料集并非最终上市文件，公司可能会不时根据上市规则作出更新或修订。\n据悉，此次回归港股，摩根大通和美银为小鹏汽车联席保荐人，前述投行此前曾助小鹏完成赴美上市事宜。与此同时，小鹏汽车此次融资规模最多为20亿美元。不过，对于赴港上市相关消息，小鹏汽车对时代财经称，不予置评。\n图片来源：小鹏汽车\n值得关注的是，除了小鹏汽车外，蔚来和理想汽车此前亦均传出有赴港上市之心。今年3月，据媒体报道，蔚来、小鹏汽车已向港交所递交上市申请，而理想尚未“递表”；该报道并援引知情人士称，三家公司均打算出售5%的股权，筹资金额合计或将达到50亿美元。\n对于后续回归计划及进展，时代财经6月24日也分别采访了蔚来和理想汽车，双方均称暂无更多消息披露，而对于小鹏回港IPO动态，蔚来公关部人士称，“祝福队友”。\n双重上市\n“小鹏这次在香港上市属于双重上市，受美国SEC和香港SFC双方的监管。一般来说，这种情况会比二次上市更为严格。”6月24日，川财证券策略分析师王一棠对时代财经表示。\n公开资料显示，在合格交易所（如纽交所、纳斯达克等）作主要上市的企业，允许在港作第二上市，但需符合几大条件，包括企业必须是创新产业公司、在至少最近两个完整会计年度于合格交易所上市的合规纪录良好，以及申请人于香港第二上市时的总市值不少于400亿港币，或上市时的总市值不少于100亿港币并且最近一个经审计会计年度的收益不少于10亿港币等。\n图片来源：港交所官网截图\n小鹏此次以目前较少见的“双重主要上市”(Dual Primary Listing)方式回归港股，主要因其距此前美股上市（去年8月27日）的间隔时间较短，不符合二次上市中对于上市主体在另一家符合条件的交易所至少有两年良好监管合规记录的要求。\n王一棠对时代财经称，从小鹏汽车当前市值，再加上该公司为创新企业，理论上满足上市港交所的标准。而截至6月23日收盘，小鹏汽车(XPEV.NYSE)美股收盘价为41.61美元/股，总市值达334.27亿美元，约合2595.3亿港币。\n不过，小鹏汽车在向港交所呈交的聆讯后资料中仍提及多项风险和不确定因素，包括作为行业新加入者的挑战、研发工作可能无法产能预期成果、自动驾驶技术风险，以及最近才开始产生收入且仍在产生亏损和负经营现金流，而此等情形将有可能于日后持续等。\n其中，在与海马汽车的产能合作方面，小鹏汽车称，与前者的合作协议将于今年12月31日届满，但可能存在未能与海马以可接纳的条款及条件订立新合约或延长现有合约，以及订立的协议亦可能会在双方同意下终止。如出现任何上述情况，小鹏汽车或须与其他第三方订立合约或大幅增加本身的产能。\n“我们无法保证在该情形下能按可接纳的条款，与其他第三方合伙或增加本身的产能以满足我们的需求，或完全不能满足。完成任何过渡及确保新第三方合作伙伴的工厂所生产的智能电动汽车符合我们的质量标准及监管规定所需的开支及时间可能较预期为多。上述任何因素均可能对我们的业务、经营业绩、财务状况及前景造成不利影响。”小鹏汽车在其呈交的聆讯后资料中指出。\n图片来源：网络，侵权请联系删除\n“蔚小理”加速回港上市筹资？\n在业界看来，若小鹏汽车如愿登陆港股市场，将助其进一步拓宽融资渠道，为其后续产品投放、技术研发等做好资金储备。\n据小鹏汽车呈交给港交所的资料显示，2018年至2020年，小鹏汽车的年研发开支分別为人民币10.51亿元、20.7亿元、17.26亿元，再加上今年一季度的5.35亿元，合计约53.82亿元。在2019年、2020年及截至2021年3月31日止三个月，上述开支分别占总收入89.2%、29.5%及18.1%。\n在研发人员方面，截至今年3月底，有2442名员工(占总人数约39.8%)在小鹏汽车研发部门工作，其中62.1%、16.3%和21.5%分别致力于汽车设计与工程、自动驾驶和智能操作系统。按职能分类的员工明细来看，小鹏汽车的研发人员占比仅次于负责销售及营销的员工（2518人），后者这一占比为41.1%。\n值得关注的是，小鹏汽车此前通过首发上市及后续股票增发等，获得较为充足的现金储备。据悉，其去年8月完成首次公开发售及于纽交所上市，经扣除承销折扣、佣金及开支后，共筹得所得款项净额约16.56亿美元。随后，去年12月，小鹏汽车又按每股美国存托股45美元或每股股份22.5美元的价格完成后续公开发售，经扣除承销折扣、佣金及开支后，共筹得所得款项净额24.45亿美元。\n而目前，除了小鹏汽车外，另外两家头部新势力车企蔚来、理想被传同样有回港上市计划，以进一步优化融资渠道。结合“蔚小理”车企Q1财报来看，目前三家车企现金储备均超300亿元，其中，蔚来现金储备最多达475亿元，小鹏为362.01亿元，理想汽车为303.6亿元。\n此前，理想汽车创始人、CEO李想曾对外表示，理想不介意任何一种方式的融资，包括二级市场、银行贷款和发债等。\n有业界人士对时代财经称，在拓宽外部融资渠道的同时，扩大交付规模以提升自身造血能力仍是新势力车企实现盈利的头等大事。据国信证券研报测算认为，蔚来、小鹏、理想要想实现盈利，销量规模分别需达到18万辆、12万辆和6万辆。截至今年5月底，蔚来累计交付量为10.95万辆，小鹏汽车累计交付量超6.4万辆，理想汽车累计交付量超5.6万辆。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":123025829,"gmtCreate":1624404327961,"gmtModify":1631889197009,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565776795708753","authorIdStr":"3565776795708753"},"themes":[],"htmlText":"普拉格是不是开始启动了","listText":"普拉格是不是开始启动了","text":"普拉格是不是开始启动了","images":[{"img":"https://static.tigerbbs.com/290986ae05cd283f19e8bd0d9eaa4ef1","width":"1125","height":"2785"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123025829","isVote":1,"tweetType":1,"viewCount":1206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":123085108,"gmtCreate":1624403732104,"gmtModify":1631889197012,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565776795708753","authorIdStr":"3565776795708753"},"themes":[],"htmlText":"都是对的，赚钱就好","listText":"都是对的，赚钱就好","text":"都是对的，赚钱就好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123085108","repostId":"1196342132","repostType":4,"isVote":1,"tweetType":1,"viewCount":777,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":120635142,"gmtCreate":1624321129786,"gmtModify":1631889197016,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565776795708753","authorIdStr":"3565776795708753"},"themes":[],"htmlText":"挺好的股票","listText":"挺好的股票","text":"挺好的股票","images":[{"img":"https://static.tigerbbs.com/598e9c8867e2235d71b1a883b24c4780","width":"1125","height":"2785"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/120635142","isVote":1,"tweetType":1,"viewCount":1120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":164495423,"gmtCreate":1624232603062,"gmtModify":1631889197018,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565776795708753","authorIdStr":"3565776795708753"},"themes":[],"htmlText":"关于和想变美的行业挂钩，就是暴利","listText":"关于和想变美的行业挂钩，就是暴利","text":"关于和想变美的行业挂钩，就是暴利","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/164495423","repostId":"2144070646","repostType":4,"repost":{"id":"2144070646","pubTimestamp":1624153552,"share":"https://www.laohu8.com/m/news/2144070646?lang=&edition=full","pubTime":"2021-06-20 09:45","market":"us","language":"zh","title":"“植发第一股”要来了，毛利率超70%，创始人仅35岁","url":"https://stock-news.laohu8.com/highlight/detail?id=2144070646","media":"每日经济新闻微...","summary":"2001年，张玉毕业于安徽省宿州市泗县大庄初级中学，并在2005年进入植发领域，在2...","content":"<p><b>挺“秃”然的！2.5亿中国人受脱发困扰，“植发第一股”要来了，毛利率超70%，创始人仅35岁</b></p>\n<p>“相亲失败？形象欠佳？你离成功就差一个发际线！”“上午植发，下午上班”“一次植发，终身受益”……地铁、公交、电梯里，大幅抢眼的植发广告不断占领公共空间。夸张的广告语吸引了不少为容貌焦虑、试图拯救发际线的年轻人。</p>\n<p>近年来，“脱发焦虑”频频成为社交媒体上热议的话题。中国健康促进与教育协会公布的数据显示，目前受脱发问题困扰的中国人近2.5亿，平均每6人中就有1人脱发。脱发人群以20到40岁之间为主，30岁左右发展最快，比上一代人脱发年龄提前了整整20年。</p>\n<p>快速增长的脱发人群，让头发问题成了“头等大事”，也创造出了巨大的消费市场。6月17日，植发机构雍禾医疗向港交所递交招股书，若闯关成功，将成为“植发第一股”。</p>\n<p>招股书显示，雍禾医疗是中国最大的专门从事提供一站式毛发医疗服务的医疗集团。</p>\n<p><b>2020年治疗总人数超过9万</b></p>\n<p>根据招股书，雍禾植发于2005年在北京成立，已经在我国50个城市经营51家医疗机构，为中国最大及覆盖面最广的连锁植发医疗机构，且在新开店的增速方面，也处在行业领跑位置。</p>\n<p>在团队人数方面，雍禾植发搭建了一支约1200人的行业内规模最大的医疗团队，其中包括229名注册医生和930名护士，超过行业第二、第三名的总和。</p>\n<p>接受雍禾植发治疗的患者总人数从2018年的35177人增加41.7%到2019年的49851人，并进一步增加82.7%到2020年的91069人。</p>\n<p>2018~2020年，雍禾医疗的营业收入分别为9.34亿、12.2亿、16.4亿，复合年增长率达32.4%。雍禾的收入主要来自提供植发医疗服务，而来自医疗养固服务的收入也于同期实现了快速增长。</p>\n<p>2018~2020年，雍禾医疗的营业成本分别为2.32亿、3.35亿、4.16亿，其中员工成本占比最高，分别为45.6%、43.4%、39.8%。同期，雍禾医疗的毛利分别为7.02亿、8.89亿、12.22亿，毛利率分别为75.1%、72.6%、74.6%。</p>\n<p>2018年~2020年，雍禾医疗净利润分别为5350万、人民币3560万和人民币1.63亿元。</p>\n<p>据招股书披露，雍禾医疗创始人张玉今年年仅35岁，为雍禾医疗的执行董事、董事会主席。2001年，张玉毕业于安徽省宿州市泗县大庄初级中学，并在2005年进入植发领域，在2010年创建雍禾医疗。目前，张玉拥有公司42.66%的股权。</p>\n<p>张玉的胞弟张辉拥有公司5.64%的股权，目前担任雍禾医疗的执行董事及采购总监。</p>\n<p>据媒体报道，2017年9月，中信产业基金宣布投资雍禾植发，但并未公布具体融资金额。招股书显示，IPO前，中信产业基金拥有雍禾医疗21.59%的股权。</p>\n<p><b>销售费用占比高，2020年7.80亿</b></p>\n<p>尽管市场上对毛发的相关问题 ( 主要是脱发问题 ) 治疗的需求很高，但是，与中国实际患脱发的人数相比，中国接受植发医疗服务的人数相对较少。</p>\n<p>根据咨询机构沙利文的研究数据显示，2020年中国的毛发医疗服务市场为184亿元，预计以复合年增长率22.3%的速度增长，到2030年将达到1381亿元。其中，植发医疗市场在2020年的规模约为134亿元，预计将以18.9%的复合年增长率发展，到2030年将达到756亿元。</p>\n<p>目前，中国约有2.5亿人患有脱发。2020年，在中国进行的植发手术约51.6万台，渗透率仅0.21%，表明市场需求未得到满足。部分原因或许是植发目前还是个消费较高的服务。</p>\n<p>植发为何这么贵？首先得从植发的原理说起。由于人们头部每一个毛囊都是独立的并能够进行正常生长，于是可以将身体其他部位的健康毛囊移植到脱发部位来解决秃顶问题。也由此，市面上的植发手术多是按照种植多少毛囊单位来进行计费。</p>\n<p>公开的数据显示，目前植发的价格为每单位十元起，价格看上去并不算高。但由于一般植发手术需要提取的毛囊单位数量大多都是以千计，一场手术算下来便需要上万元。</p>\n<p>据新华社今年3月报道，南方医科大学南方医院整形外科副主任医师苗勇介绍，过去，毛发移植主要针对的是脱发或秃发患者。近年来，植发范围越来越广，增加了发际线调整、鬓角种植、胡须种植、眉毛种植等新项目。做毛发移植的人中，一多半是二三十岁的年轻人。</p>\n<p>新华社记者今年3月在广州走访多家植发机构发现，植发价格高低不一，一个毛囊单位价格多在10元到20元。如果一次植发数量达到3000个毛囊单位，则意味着花费在3万元到6万元。</p>\n<p>这么高的客单价，成本又在哪里呢？招股书显示，除了人力成本和店铺租金，钱都主要花在获客营销上了。</p>\n<p>与医美行业其他领域一样，植发领域同样倚重营销。</p>\n<p>2018~2020年，雍禾医疗销售费用分别为4.64亿、6.50亿、7.80亿，销售费用占比分别为49.6%、53.1%、47.6%，销售费用主要是营销及推广开支。</p>\n<p>另外，2018年到2020年三年中，雍禾医疗前五大供应商中多名均是广告供应商。2018年，其前三名供应商服务项目分别为搜索引擎相关广告、地铁站展示广告、地铁站展示广告，分别占总购买量15%、2%、2%。2019年第一大供应商服务项目仍是搜索引擎相关广告，占15%。2020年前五大供应商服务项目均是广告和推广，占总购买量20%。</p>\n<p>另外要关注的一点是，该行业同样面临激烈的市场竞争。</p>\n<p>据招股书披露，中国提供植发医疗服务的医疗机构主要有四大类，包括公立医院、全国民营、地方性民营和美容机构。而其中，雍禾医疗所属的全国民营植发机构总共占据中国植发市场仅23.9%。</p>\n<p>综合自雍禾医疗招股书、新华社</p>","source":"zxjw_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>“植发第一股”要来了，毛利率超70%，创始人仅35岁</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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}\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n“植发第一股”要来了，毛利率超70%，创始人仅35岁\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-20 09:45 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.jwview.com/jingwei/html/06-20/407672.shtml><strong>每日经济新闻微...</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>挺“秃”然的！2.5亿中国人受脱发困扰，“植发第一股”要来了，毛利率超70%，创始人仅35岁\n“相亲失败？形象欠佳？你离成功就差一个发际线！”“上午植发，下午上班”“一次植发，终身受益”……地铁、公交、电梯里，大幅抢眼的植发广告不断占领公共空间。夸张的广告语吸引了不少为容貌焦虑、试图拯救发际线的年轻人。\n近年来，“脱发焦虑”频频成为社交媒体上热议的话题。中国健康促进与教育协会公布的数据显示，目前受...</p>\n\n<a href=\"http://www.jwview.com/jingwei/html/06-20/407672.shtml\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/845ac8b848bdf5dc3b3173a5d61e02d7","relate_stocks":{},"source_url":"http://www.jwview.com/jingwei/html/06-20/407672.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144070646","content_text":"挺“秃”然的！2.5亿中国人受脱发困扰，“植发第一股”要来了，毛利率超70%，创始人仅35岁\n“相亲失败？形象欠佳？你离成功就差一个发际线！”“上午植发，下午上班”“一次植发，终身受益”……地铁、公交、电梯里，大幅抢眼的植发广告不断占领公共空间。夸张的广告语吸引了不少为容貌焦虑、试图拯救发际线的年轻人。\n近年来，“脱发焦虑”频频成为社交媒体上热议的话题。中国健康促进与教育协会公布的数据显示，目前受脱发问题困扰的中国人近2.5亿，平均每6人中就有1人脱发。脱发人群以20到40岁之间为主，30岁左右发展最快，比上一代人脱发年龄提前了整整20年。\n快速增长的脱发人群，让头发问题成了“头等大事”，也创造出了巨大的消费市场。6月17日，植发机构雍禾医疗向港交所递交招股书，若闯关成功，将成为“植发第一股”。\n招股书显示，雍禾医疗是中国最大的专门从事提供一站式毛发医疗服务的医疗集团。\n2020年治疗总人数超过9万\n根据招股书，雍禾植发于2005年在北京成立，已经在我国50个城市经营51家医疗机构，为中国最大及覆盖面最广的连锁植发医疗机构，且在新开店的增速方面，也处在行业领跑位置。\n在团队人数方面，雍禾植发搭建了一支约1200人的行业内规模最大的医疗团队，其中包括229名注册医生和930名护士，超过行业第二、第三名的总和。\n接受雍禾植发治疗的患者总人数从2018年的35177人增加41.7%到2019年的49851人，并进一步增加82.7%到2020年的91069人。\n2018~2020年，雍禾医疗的营业收入分别为9.34亿、12.2亿、16.4亿，复合年增长率达32.4%。雍禾的收入主要来自提供植发医疗服务，而来自医疗养固服务的收入也于同期实现了快速增长。\n2018~2020年，雍禾医疗的营业成本分别为2.32亿、3.35亿、4.16亿，其中员工成本占比最高，分别为45.6%、43.4%、39.8%。同期，雍禾医疗的毛利分别为7.02亿、8.89亿、12.22亿，毛利率分别为75.1%、72.6%、74.6%。\n2018年~2020年，雍禾医疗净利润分别为5350万、人民币3560万和人民币1.63亿元。\n据招股书披露，雍禾医疗创始人张玉今年年仅35岁，为雍禾医疗的执行董事、董事会主席。2001年，张玉毕业于安徽省宿州市泗县大庄初级中学，并在2005年进入植发领域，在2010年创建雍禾医疗。目前，张玉拥有公司42.66%的股权。\n张玉的胞弟张辉拥有公司5.64%的股权，目前担任雍禾医疗的执行董事及采购总监。\n据媒体报道，2017年9月，中信产业基金宣布投资雍禾植发，但并未公布具体融资金额。招股书显示，IPO前，中信产业基金拥有雍禾医疗21.59%的股权。\n销售费用占比高，2020年7.80亿\n尽管市场上对毛发的相关问题 ( 主要是脱发问题 ) 治疗的需求很高，但是，与中国实际患脱发的人数相比，中国接受植发医疗服务的人数相对较少。\n根据咨询机构沙利文的研究数据显示，2020年中国的毛发医疗服务市场为184亿元，预计以复合年增长率22.3%的速度增长，到2030年将达到1381亿元。其中，植发医疗市场在2020年的规模约为134亿元，预计将以18.9%的复合年增长率发展，到2030年将达到756亿元。\n目前，中国约有2.5亿人患有脱发。2020年，在中国进行的植发手术约51.6万台，渗透率仅0.21%，表明市场需求未得到满足。部分原因或许是植发目前还是个消费较高的服务。\n植发为何这么贵？首先得从植发的原理说起。由于人们头部每一个毛囊都是独立的并能够进行正常生长，于是可以将身体其他部位的健康毛囊移植到脱发部位来解决秃顶问题。也由此，市面上的植发手术多是按照种植多少毛囊单位来进行计费。\n公开的数据显示，目前植发的价格为每单位十元起，价格看上去并不算高。但由于一般植发手术需要提取的毛囊单位数量大多都是以千计，一场手术算下来便需要上万元。\n据新华社今年3月报道，南方医科大学南方医院整形外科副主任医师苗勇介绍，过去，毛发移植主要针对的是脱发或秃发患者。近年来，植发范围越来越广，增加了发际线调整、鬓角种植、胡须种植、眉毛种植等新项目。做毛发移植的人中，一多半是二三十岁的年轻人。\n新华社记者今年3月在广州走访多家植发机构发现，植发价格高低不一，一个毛囊单位价格多在10元到20元。如果一次植发数量达到3000个毛囊单位，则意味着花费在3万元到6万元。\n这么高的客单价，成本又在哪里呢？招股书显示，除了人力成本和店铺租金，钱都主要花在获客营销上了。\n与医美行业其他领域一样，植发领域同样倚重营销。\n2018~2020年，雍禾医疗销售费用分别为4.64亿、6.50亿、7.80亿，销售费用占比分别为49.6%、53.1%、47.6%，销售费用主要是营销及推广开支。\n另外，2018年到2020年三年中，雍禾医疗前五大供应商中多名均是广告供应商。2018年，其前三名供应商服务项目分别为搜索引擎相关广告、地铁站展示广告、地铁站展示广告，分别占总购买量15%、2%、2%。2019年第一大供应商服务项目仍是搜索引擎相关广告，占15%。2020年前五大供应商服务项目均是广告和推广，占总购买量20%。\n另外要关注的一点是，该行业同样面临激烈的市场竞争。\n据招股书披露，中国提供植发医疗服务的医疗机构主要有四大类，包括公立医院、全国民营、地方性民营和美容机构。而其中，雍禾医疗所属的全国民营植发机构总共占据中国植发市场仅23.9%。\n综合自雍禾医疗招股书、新华社","news_type":1},"isVote":1,"tweetType":1,"viewCount":820,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":165232847,"gmtCreate":1624145724689,"gmtModify":1631889197022,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565776795708753","authorIdStr":"3565776795708753"},"themes":[],"htmlText":"希望人们尽快完成接种，保护自己和家人","listText":"希望人们尽快完成接种，保护自己和家人","text":"希望人们尽快完成接种，保护自己和家人","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/165232847","repostId":"2144170319","repostType":4,"isVote":1,"tweetType":1,"viewCount":1143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":162245118,"gmtCreate":1624066144734,"gmtModify":1631889197026,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565776795708753","authorIdStr":"3565776795708753"},"themes":[],"htmlText":"如果美股指数跌，大家买UVXY，稳稳的赚钱","listText":"如果美股指数跌，大家买UVXY，稳稳的赚钱","text":"如果美股指数跌，大家买UVXY，稳稳的赚钱","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/162245118","repostId":"1145549454","repostType":4,"isVote":1,"tweetType":1,"viewCount":1496,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":162880168,"gmtCreate":1624056475254,"gmtModify":1631889197029,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565776795708753","authorIdStr":"3565776795708753"},"themes":[],"htmlText":"再等等看","listText":"再等等看","text":"再等等看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/162880168","repostId":"1166548417","repostType":4,"isVote":1,"tweetType":1,"viewCount":1369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":162817255,"gmtCreate":1624056438377,"gmtModify":1634023562124,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565776795708753","authorIdStr":"3565776795708753"},"themes":[],"htmlText":"放过大A的股民","listText":"放过大A的股民","text":"放过大A的股民","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/162817255","repostId":"1135978865","repostType":4,"isVote":1,"tweetType":1,"viewCount":229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":162814513,"gmtCreate":1624056324832,"gmtModify":1634023563049,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565776795708753","authorIdStr":"3565776795708753"},"themes":[],"htmlText":"今年我管住手了，不知道买啥了","listText":"今年我管住手了，不知道买啥了","text":"今年我管住手了，不知道买啥了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/162814513","repostId":"1146581762","repostType":4,"repost":{"id":"1146581762","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。"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00:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>北京时间6月19日凌晨消息，<a href=\"https://laohu8.com/S/JD\">京东</a>发布618最终战报：2021年6月1日0时至6月18日24时，2021“京东618，18周年庆”累计下单金额超3438亿元，创下新的纪录！</p>\n<p>这是给消费者带来最佳体验的最好印证；也是创造良好运营环境以及大量帮扶措施，帮助合作伙伴实现强劲增长的最好成果；更是助力乡村振兴、促进就业、降低碳排放，为社会创造更多价值的最好体现。</p>\n<p><img src=\"https://static.tigerbbs.com/4bdbbcff030412e8bba7e0b9f389964c\" tg-width=\"630\" tg-height=\"283\" 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href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>涨超5%，<a href=\"https://laohu8.com/S/NIO\">蔚来</a>涨超3%，<a href=\"https://laohu8.com/S/LI\">理想汽车</a>涨超2%。</p>\n<p><img src=\"https://static.tigerbbs.com/ab73c5e9aea27a18594b6ef35d8f7e7e\" tg-width=\"840\" tg-height=\"470\" 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08:28","market":"sh","language":"zh","title":"股价涨5倍需要多久？突然走红的牙科赛道","url":"https://stock-news.laohu8.com/highlight/detail?id=2141261155","media":"上海证券报 ","summary":"又一半导体材料龙头被挖出！产品持续处于超产状态，机构高呼隐藏王者正向全球龙头迈进，新产能投放在即，价值正面临重估。两个一字跌停之后医美龙头紧急发声。　　股价涨5倍需要多久？义齿加工龙头现代牙科只用了59个交易日的时间。　　截至6月7日，自3月10日以来，现代牙科股价涨幅已高达503.37%。　　现代牙科表示，公司去年下半年纯利较2019年下半年增加，主要由于2020年下半年牙科行业稳健复苏，叠加牙科行业加速整合。","content":"<div>\n<p>股价涨5倍需要多久？义齿加工龙头现代牙科只用了59个交易日的时间。值得一提的是，A股市场里的其他牙科赛道股表现也颇为亮眼，经历过春节后的短暂调整，正海生物股价反弹超80%，通策医疗股价反弹也超过50%。现代牙科三个月股价涨超5倍截至6月7日，自3月10日以来，现代牙科股价涨幅已高达503.37%。股价快速上涨的背后是亮眼的业绩。3月15日，现代牙科发布2020年业绩预告，显示2020年公司核心业务...</p>\n\n<a href=\"https://finance.sina.com.cn/stock/hyyj/2021-06-08/doc-ikqciyzi8494339.shtml\">Web Link</a>\n\n</div>\n","source":"sina","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta 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float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n股价涨5倍需要多久？突然走红的牙科赛道\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 08:28 北京时间&nbsp;&nbsp;&nbsp;<a href=https://finance.sina.com.cn/stock/hyyj/2021-06-08/doc-ikqciyzi8494339.shtml><strong>上海证券报 </strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>股价涨5倍需要多久？义齿加工龙头现代牙科只用了59个交易日的时间。值得一提的是，A股市场里的其他牙科赛道股表现也颇为亮眼，经历过春节后的短暂调整，正海生物股价反弹超80%，通策医疗股价反弹也超过50%。现代牙科三个月股价涨超5倍截至6月7日，自3月10日以来，现代牙科股价涨幅已高达503.37%。股价快速上涨的背后是亮眼的业绩。3月15日，现代牙科发布2020年业绩预告，显示2020年公司核心业务...</p>\n\n<a href=\"https://finance.sina.com.cn/stock/hyyj/2021-06-08/doc-ikqciyzi8494339.shtml\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3c6daacf13f78492ec38a4e178ddca49","relate_stocks":{"03600":"现代牙科"},"source_url":"https://finance.sina.com.cn/stock/hyyj/2021-06-08/doc-ikqciyzi8494339.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/b0d1b7e8843deea78cc308b15114de44","article_id":"2141261155","content_text":"股价涨5倍需要多久？义齿加工龙头现代牙科只用了59个交易日的时间。值得一提的是，A股市场里的其他牙科赛道股表现也颇为亮眼，经历过春节后的短暂调整，正海生物股价反弹超80%，通策医疗股价反弹也超过50%。现代牙科三个月股价涨超5倍截至6月7日，自3月10日以来，现代牙科股价涨幅已高达503.37%。股价快速上涨的背后是亮眼的业绩。3月15日，现代牙科发布2020年业绩预告，显示2020年公司核心业务纯利在2.15亿港元至2.25亿港元之间，较2019年（未计及任何一次性非现金商誉减值）增加约34%至41%。现代牙科表示，公司去年下半年纯利较2019年下半年增加，主要由于2020年下半年牙科行业稳健复苏，叠加牙科行业加速整合。3月16日，现代牙科股价涨幅超25%。从今年一季度业绩来看，现代牙科的集团收益总额约7.01亿港元，同比增加约32.7%，毛利率介乎52%至54%之间。此外，在业内人士看来，现代牙科公司的不断增持，以及内地正畸龙头时代天使即将登陆港交所，令市场预期牙科行业迎来价值重估，而这也是现代牙科股价快速上涨的原因。“不过，现代牙科最近的股价有些震荡，主要因为短期涨幅较快，当前已谈不上便宜，投资者还是要谨慎。”该业内人士分析道。从现代牙科的主营业务来看，主要以义齿代工为主，也有矫正和种植产品的加工，目前是全球最大的义齿生产商之一。国信证券分析师朱寒青统计发现，全球义齿市场规模超过 300 亿美元，其中国内市场增速较快，而且义齿需求较为刚性，国内渗透率有望持续提升。根据美国口腔颌面外科医师协会（AAOMS）的统计，69%的 35-44 岁的成年人至少永久丢失一颗牙齿；到 74 岁时，26%的成年人的所有牙齿都会脱落。根据第四次全国口腔健康流行病学调查结果，国内 65-74 岁老年人中，有 86%的人存在牙缺失，存留牙数为 22.5 颗，全口无牙的人群比例为 4.5%，缺牙修复治疗比例为 63%，同时伴随美容牙科需求的释放，国内义齿修复的治疗渗透率有望持续提升。机构盯上牙科赛道事实上，部分A股赛道里的牙科标的近期也强势反弹。具体来看，截至6月7日，3月16日以来，正海生物股价反弹88.5%，通策医疗股价反弹也超过50%。其中，通策医疗更是一只30多倍大牛股，从2013年5月至今，其股价涨幅超过3360%。值得注意的是，无论是正海生物还是通策医疗，都已被机构“盯上”了。从正海生物来看，该公司近期频频被机构调研，5月以来，已迎来三波机构调研。其中，百亿基金经理中欧基金葛兰、富国基金李元博等均亲自参与了调研。在5月17日最新的调研中，机构较为关注什么样的品种可能会面临带量采购？正海生物表示，高值医用耗材带量采购品种有临床用量较大、临床使用成熟、市场竞争充分、占医保支出较大等特点。公司已上市产品均属于高值医用耗材，目前涉及带量采购的产品只有可吸收硬脑（脊）膜补片，从去年部分地区开始执行到现在来看，目前对公司的影响实际上没有预期的那么大，有关数据还需要更长的时间来观察。值得注意的是，截至一季度末，葛兰管理的中欧医疗健康混合持有通策医疗901万股，也是持股数量最多的基金。除了被葛兰重仓持有外，一季度末共有107只基金重仓持有通策医疗，合计持股数量为4789.16万股。对于牙科赛道，国信证券表示，口腔产业链由上游耗材设备厂商、中游渠道商和下游医疗服务机构组成。从全球范围来看，外资厂商在隐形正畸、种植体、牙科耗材、口扫设备等领域优势明显，国产厂商正向上游不断突破。从中游渠道来看，国内尚未有能够主导牙科器械分销的企业，至于下游医疗机构，中国已出现了一些全国或区域性的连锁机构。从行业发展空间来看，根据灼识咨询的测算，2020 年中国牙科护理市场规模为262亿美元，到 2030年的复合增长有望超过10%，预计可达到752亿美元。2015-2030 年美国和中国的牙科护理服务市场规模（单位：十亿美元）沪上一位基金经理表示，自己也较为关注牙科赛道的机会。“现在大家越来越重视牙齿健康，消费升级下大家也愿意为牙齿花钱，尤其是老年人需要种牙。我爸爸前段时间刚去种了4颗牙，每颗牙大概要花费1万元，从长期来看，牙科赛道空间很广阔。”","news_type":1},"isVote":1,"tweetType":1,"viewCount":455,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":114240838,"gmtCreate":1623076937524,"gmtModify":1634037197290,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565776795708753","authorIdStr":"3565776795708753"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/114240838","repostId":"2141323752","repostType":4,"isVote":1,"tweetType":1,"viewCount":594,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":110709423,"gmtCreate":1622502281662,"gmtModify":1634101136357,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565776795708753","idStr":"3565776795708753"},"themes":[],"htmlText":"我觉得不会这么快结束，开启了印钞机模式，应该会持续吧","listText":"我觉得不会这么快结束，开启了印钞机模式，应该会持续吧","text":"我觉得不会这么快结束，开启了印钞机模式，应该会持续吧","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/110709423","repostId":"2140451538","repostType":4,"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":162880168,"gmtCreate":1624056475254,"gmtModify":1631889197029,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565776795708753","idStr":"3565776795708753"},"themes":[],"htmlText":"再等等看","listText":"再等等看","text":"再等等看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/162880168","repostId":"1166548417","repostType":4,"isVote":1,"tweetType":1,"viewCount":1369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":162817255,"gmtCreate":1624056438377,"gmtModify":1634023562124,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565776795708753","idStr":"3565776795708753"},"themes":[],"htmlText":"放过大A的股民","listText":"放过大A的股民","text":"放过大A的股民","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/162817255","repostId":"1135978865","repostType":4,"repost":{"id":"1135978865","pubTimestamp":1624029875,"share":"https://www.laohu8.com/m/news/1135978865?lang=&edition=full","pubTime":"2021-06-18 23:24","market":"us","language":"zh","title":"A股失败后，网红酒店亚朵赴美IPO！","url":"https://stock-news.laohu8.com/highlight/detail?id=1135978865","media":"ipo观察","summary":"近日，有网红酒店之称亚朵向美国证券交易委员会（SEC）递交了上市招股书，亚朵计划在纳斯达克上市，股票代码拟为“ATAT”。事实上，亚朵曾分别于2019年、2020年发起上市辅导，拟登录A股，但最后均无","content":"<p>近日，有网红酒店之称亚朵向美国证券交易委员会（SEC）递交了上市招股书，亚朵计划在纳斯达克上市，股票代码拟为“ATAT”。事实上，亚朵曾分别于2019年、2020年发起上市辅导，拟登录A股，但最后均无后续进展，A股上市计划终止以后，亚朵酒店如今正式向美股发起了冲刺。</p>\n<p>亚朵成立于2013年，招股书中其定位为“中国领先的生活方式品牌”，旗下品牌覆盖从中档到<a href=\"https://laohu8.com/S/DLX\">豪华</a>酒店的全业务链条，具体包括：高品质人文酒店品牌“亚朵酒店”、高端商旅酒店品牌“亚朵S酒店”、专注年轻商旅的酒店品牌“轻居”、高品质非标品牌“亚朵X酒店”、豪华生活方式品牌“A.T.HOUSE”，以及Z世代生活方式品牌“ZHOTEL”。</p>\n<p>公开资料显示，亚朵本是中国云南省西部一个风景如画的小村庄，2012 年王海军曾到该处旅行感念其宁静祥和的氛围而后恋恋不忘。2013年，王海军开设了第一家酒店，并以亚朵村命名。<b>王海军是酒店行业专家，曾为汉庭酒店（中国第二大及全球第九大的酒店集团<a href=\"https://laohu8.com/S/HTHT\">华住</a>集团前身）的创始人之一，2012年从华住离职。</b></p>\n<p>天眼查信息显示，2015年-2017年，亚朵酒店先后进行过三轮融资，投资方包括君联资本、<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>荣誉合伙人陆兆禧、去哪儿、德晖资本等。</p>\n<p>截至今年6月，亚朵创始人兼董事长王海军持股亚朵大约31.3%，赴美IPO后还将对公司董事会成员选举拥有过半的投票权。携程持股亚朵大约14.8%。除此之外，君联资本持股30.4%，携程通过子公司持股14.8%。</p>\n<p>截至2021年3月31日，亚朵酒店覆盖了中国131个城市，旗下共有608家酒店，客房数量超过7.1万间，其中包括575家管理加盟酒店，约6.63万间客房。此外还有299家筹建酒店，客房数量约为3.28万间。</p>\n<p><img src=\"https://static.tigerbbs.com/5191787eb2424f648ea9140c2da9639d\" tg-width=\"375\" tg-height=\"93\" referrerpolicy=\"no-referrer\"></p>\n<p><b>亚朵被视为酒店业“新经济”的代表，有“新住宿经济第一股”的称号。</b>靠吸引年轻人注意力而出圈，借助红人经济、社交平台有效缩短品牌启动周期，迅速爆量。一些城市的亚朵精品店,甚至被小红书、点评们视为网红景点，亚朵“IP酒店”成了名副其实的网红酒店。</p>\n<p>目前亚朵已经分别和<a href=\"https://laohu8.com/S/NTES\">网易</a>云音乐、虎扑、连锁书店Owspace成功打造了三个系列的主题酒店——音乐酒店、篮球酒店和文学酒店，截至 2021 年 3 月 31 日，三大主题酒店分别有440&nbsp;间、378 间、194间客房。2020年，亚朵主题酒店的客单价达到469.1元，较同区域可比亚朵酒店的平均每日房价(ADR)高出15.4%，并已初步显现可复制性。</p>\n<p>同时，亚朵也更擅长数字化运营和私域流量，截至2021年3月末，亚朵注册会员累超2500万，2015年至2020年的复合年增长率为79.6%，其中30岁以下注册会员的复合年增长率为113.2%。2020年，亚朵44.7%&nbsp;的晚房出售给了亚朵会员，会员复购率(即同一年中第二次预定房间)达到48.7。同时，基于会员制度、自有App和小程序，亚朵2020年通过OTA平台的客房预订占比仅为19.9%，渠道依赖相对较低。截至 2021 年 3 月 31 日，亚朵手机应用累计下载量约930万，亚朵微信/微信小程序累计用户约200万。</p>\n<p><b>1、酒店+零售</b></p>\n<p>招股书显示，2019年亚朵实现净收入15.67亿元，亚朵2020年的净收入与2019年基本持平，同样达到了15.67亿元。而2019年和2020年归属于本公司的净利润也分别达到了6496万元和4205.1万元。</p>\n<p>亚朵的收入主要来自加盟酒店、自营酒店以及零售业务三大部分。</p>\n<p>亚朵的亚朵大部分酒店加盟模式为主，占比超过90%，加盟模式为管理加盟（Manachised Hotel），由酒店集团派驻管理人员，盈利来自加盟费，加盟店收入主要靠一次性加盟费用及持续加盟费（一般按照营收的百分比提取），成本主要有人工及后台支持成本（营销费用、行政费用的分摊以及管理人工费用），是一种轻资产运营方式。</p>\n<p>2019年、2020年加盟酒店业务贡献收入分别为8.4亿元、9.26亿元，占总收入比例为56%、58%，入住率分别为72.3%、66.9%，RevPAR分别为313元、268元。</p>\n<p><img src=\"https://static.tigerbbs.com/13a3245efda9ac96b09db7fddc947db9\" tg-width=\"403\" tg-height=\"169\" referrerpolicy=\"no-referrer\"></p>\n<p>自营业务方面，亚朵酒店的经营物业主要来自于租赁，亚朵酒店承担租金以及运营费用，承担了绝大部分的经营性风险。自营的盈利模式为经营酒店，主要的营收为房费、会务费以及其他服务性收入。主要的成本为装修、租金、人工及耗材。2019年、2020年加盟酒店业务贡献收入分别为6.1亿元、4.96亿元，占总收入比例为39%、31.6%，自营酒店业务的入住率分别为83.0%、68.6%， RevPAR分别为463元、339元。</p>\n<p>零售业务方面，招股书显示，据 Frost &amp; Sullivan 称，亚朵是中国第一家开发基于场景的零售业务的连锁酒店，与制造商密切合作以提供高品质的产品，将产品渗透到酒店的各个空间，使每间客房都变身一个购物目的地，盘活酒店的空间。</p>\n<p>随着酒店多元业态融合发展，住宿已不再是单一功能，而向多功能发展，把酒店公共空间变成购物和体验的场景，已经逐步成为现实，零售业酒店屡见不鲜。</p>\n<p>截至2021年3月末，亚朵共拥有1136个SKU，其中75.2%为自有品牌产品，大致可分为“亚朵星球”(αTOUR PLANET)、“萨和”(SAVHE)和Z2GO&amp;CO三大产品线，涵盖睡眠相关产品、个人护理以及旅行必需品等品类。</p>\n<p>2019年和2020年零售业务产生的GMV分别为人民币8,280万元和1.072亿元，同比增长29.5%，截至3月31日止三个月达到人民币3,260万元。</p>\n<p>招股书披露，亚朵加盟商的投资回收期一般在酒店开业后的3-5年，是中国中高端连锁酒店中最快的速度之一。且加盟商亦对亚朵较为认可，疫情期间也表现出较高粘性，2020年亚朵旗下31.8%的加盟商选择再次加盟。由此而言，亚朵未来扩张的基础条件较为良好。</p>\n<p><b>2、疫情下的酒店业</b></p>\n<p>2020年疫情给酒店行业带来的巨大考验，为了进行疫情管控和旅行禁令，许多城市进行严格封锁，酒店行业承受了客流大幅减少带来的巨大压力。具体体而言，亚朵约 177.7 万间客房无法使用，占 2020&nbsp;年全年可用客房总数的 8.6%。</p>\n<p>2020年在疫情的影响下，入住率降到67.1%（不含被征用酒店，下同），RevPAR为275.1元，同比下降了16.5%，2020年净利润3782万元，同比下降了37.8%。其中，第一季度入住率跌到只有37.2%，RevPAR只有145.4元，净亏损7608万元。不过随着国内经济迅速恢复，2020年第二季度亚朵酒店入住率已经恢复到67.1%，RevPAR只有241.3元，第三季度达到77.9%&nbsp;，RevPAR只有332.6元，基本恢复到正常水平。</p>\n<p>到2021年第一季度，亚朵酒店业绩实现了较显著的回升，入住率已恢复到60%，同比增长了近23个百分点，RevPAR则恢复到238.1元，同比增长超过六成。今年4-5月份持续增长，入住率保持在80%左右的水平。</p>\n<p>在后疫情时代，酒店行业的复苏是必然的，然而机遇与挑战并存，外部的竞争不可小觑， 根据AirDNA的一项研究，短租房源抵御疫情的能力要优于酒店。这一点在资本市场上的估值也有所体现，Airbnb现在的市值达到921亿美元，比两大连锁酒店巨头万豪（466亿美元）和希尔顿（353亿美元）的市值加起来还要高。</p>\n<p>由于疫情的影响，社会大众对于酒店业有了新的认知，作为酒店新经济的代表亚朵能否在新的社会情势下打开新的局面，重获资本市场认可，还需拭目以待。</p>","source":"lsy1569409646518","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A股失败后，网红酒店亚朵赴美IPO！</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA股失败后，网红酒店亚朵赴美IPO！\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 23:24 北京时间&nbsp;&nbsp;&nbsp;<a href=https://mp.weixin.qq.com/s/KMEZ315TmADWACzsFj5KtA><strong>ipo观察</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>近日，有网红酒店之称亚朵向美国证券交易委员会（SEC）递交了上市招股书，亚朵计划在纳斯达克上市，股票代码拟为“ATAT”。事实上，亚朵曾分别于2019年、2020年发起上市辅导，拟登录A股，但最后均无后续进展，A股上市计划终止以后，亚朵酒店如今正式向美股发起了冲刺。\n亚朵成立于2013年，招股书中其定位为“中国领先的生活方式品牌”，旗下品牌覆盖从中档到豪华酒店的全业务链条，具体包括：高品质人文酒店...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/KMEZ315TmADWACzsFj5KtA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/f6f705c5d7b0643bec1da214c6704c70","relate_stocks":{"ATAT":"亚朵"},"source_url":"https://mp.weixin.qq.com/s/KMEZ315TmADWACzsFj5KtA","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135978865","content_text":"近日，有网红酒店之称亚朵向美国证券交易委员会（SEC）递交了上市招股书，亚朵计划在纳斯达克上市，股票代码拟为“ATAT”。事实上，亚朵曾分别于2019年、2020年发起上市辅导，拟登录A股，但最后均无后续进展，A股上市计划终止以后，亚朵酒店如今正式向美股发起了冲刺。\n亚朵成立于2013年，招股书中其定位为“中国领先的生活方式品牌”，旗下品牌覆盖从中档到豪华酒店的全业务链条，具体包括：高品质人文酒店品牌“亚朵酒店”、高端商旅酒店品牌“亚朵S酒店”、专注年轻商旅的酒店品牌“轻居”、高品质非标品牌“亚朵X酒店”、豪华生活方式品牌“A.T.HOUSE”，以及Z世代生活方式品牌“ZHOTEL”。\n公开资料显示，亚朵本是中国云南省西部一个风景如画的小村庄，2012 年王海军曾到该处旅行感念其宁静祥和的氛围而后恋恋不忘。2013年，王海军开设了第一家酒店，并以亚朵村命名。王海军是酒店行业专家，曾为汉庭酒店（中国第二大及全球第九大的酒店集团华住集团前身）的创始人之一，2012年从华住离职。\n天眼查信息显示，2015年-2017年，亚朵酒店先后进行过三轮融资，投资方包括君联资本、阿里巴巴荣誉合伙人陆兆禧、去哪儿、德晖资本等。\n截至今年6月，亚朵创始人兼董事长王海军持股亚朵大约31.3%，赴美IPO后还将对公司董事会成员选举拥有过半的投票权。携程持股亚朵大约14.8%。除此之外，君联资本持股30.4%，携程通过子公司持股14.8%。\n截至2021年3月31日，亚朵酒店覆盖了中国131个城市，旗下共有608家酒店，客房数量超过7.1万间，其中包括575家管理加盟酒店，约6.63万间客房。此外还有299家筹建酒店，客房数量约为3.28万间。\n\n亚朵被视为酒店业“新经济”的代表，有“新住宿经济第一股”的称号。靠吸引年轻人注意力而出圈，借助红人经济、社交平台有效缩短品牌启动周期，迅速爆量。一些城市的亚朵精品店,甚至被小红书、点评们视为网红景点，亚朵“IP酒店”成了名副其实的网红酒店。\n目前亚朵已经分别和网易云音乐、虎扑、连锁书店Owspace成功打造了三个系列的主题酒店——音乐酒店、篮球酒店和文学酒店，截至 2021 年 3 月 31 日，三大主题酒店分别有440 间、378 间、194间客房。2020年，亚朵主题酒店的客单价达到469.1元，较同区域可比亚朵酒店的平均每日房价(ADR)高出15.4%，并已初步显现可复制性。\n同时，亚朵也更擅长数字化运营和私域流量，截至2021年3月末，亚朵注册会员累超2500万，2015年至2020年的复合年增长率为79.6%，其中30岁以下注册会员的复合年增长率为113.2%。2020年，亚朵44.7% 的晚房出售给了亚朵会员，会员复购率(即同一年中第二次预定房间)达到48.7。同时，基于会员制度、自有App和小程序，亚朵2020年通过OTA平台的客房预订占比仅为19.9%，渠道依赖相对较低。截至 2021 年 3 月 31 日，亚朵手机应用累计下载量约930万，亚朵微信/微信小程序累计用户约200万。\n1、酒店+零售\n招股书显示，2019年亚朵实现净收入15.67亿元，亚朵2020年的净收入与2019年基本持平，同样达到了15.67亿元。而2019年和2020年归属于本公司的净利润也分别达到了6496万元和4205.1万元。\n亚朵的收入主要来自加盟酒店、自营酒店以及零售业务三大部分。\n亚朵的亚朵大部分酒店加盟模式为主，占比超过90%，加盟模式为管理加盟（Manachised Hotel），由酒店集团派驻管理人员，盈利来自加盟费，加盟店收入主要靠一次性加盟费用及持续加盟费（一般按照营收的百分比提取），成本主要有人工及后台支持成本（营销费用、行政费用的分摊以及管理人工费用），是一种轻资产运营方式。\n2019年、2020年加盟酒店业务贡献收入分别为8.4亿元、9.26亿元，占总收入比例为56%、58%，入住率分别为72.3%、66.9%，RevPAR分别为313元、268元。\n\n自营业务方面，亚朵酒店的经营物业主要来自于租赁，亚朵酒店承担租金以及运营费用，承担了绝大部分的经营性风险。自营的盈利模式为经营酒店，主要的营收为房费、会务费以及其他服务性收入。主要的成本为装修、租金、人工及耗材。2019年、2020年加盟酒店业务贡献收入分别为6.1亿元、4.96亿元，占总收入比例为39%、31.6%，自营酒店业务的入住率分别为83.0%、68.6%， RevPAR分别为463元、339元。\n零售业务方面，招股书显示，据 Frost & Sullivan 称，亚朵是中国第一家开发基于场景的零售业务的连锁酒店，与制造商密切合作以提供高品质的产品，将产品渗透到酒店的各个空间，使每间客房都变身一个购物目的地，盘活酒店的空间。\n随着酒店多元业态融合发展，住宿已不再是单一功能，而向多功能发展，把酒店公共空间变成购物和体验的场景，已经逐步成为现实，零售业酒店屡见不鲜。\n截至2021年3月末，亚朵共拥有1136个SKU，其中75.2%为自有品牌产品，大致可分为“亚朵星球”(αTOUR PLANET)、“萨和”(SAVHE)和Z2GO&CO三大产品线，涵盖睡眠相关产品、个人护理以及旅行必需品等品类。\n2019年和2020年零售业务产生的GMV分别为人民币8,280万元和1.072亿元，同比增长29.5%，截至3月31日止三个月达到人民币3,260万元。\n招股书披露，亚朵加盟商的投资回收期一般在酒店开业后的3-5年，是中国中高端连锁酒店中最快的速度之一。且加盟商亦对亚朵较为认可，疫情期间也表现出较高粘性，2020年亚朵旗下31.8%的加盟商选择再次加盟。由此而言，亚朵未来扩张的基础条件较为良好。\n2、疫情下的酒店业\n2020年疫情给酒店行业带来的巨大考验，为了进行疫情管控和旅行禁令，许多城市进行严格封锁，酒店行业承受了客流大幅减少带来的巨大压力。具体体而言，亚朵约 177.7 万间客房无法使用，占 2020 年全年可用客房总数的 8.6%。\n2020年在疫情的影响下，入住率降到67.1%（不含被征用酒店，下同），RevPAR为275.1元，同比下降了16.5%，2020年净利润3782万元，同比下降了37.8%。其中，第一季度入住率跌到只有37.2%，RevPAR只有145.4元，净亏损7608万元。不过随着国内经济迅速恢复，2020年第二季度亚朵酒店入住率已经恢复到67.1%，RevPAR只有241.3元，第三季度达到77.9% ，RevPAR只有332.6元，基本恢复到正常水平。\n到2021年第一季度，亚朵酒店业绩实现了较显著的回升，入住率已恢复到60%，同比增长了近23个百分点，RevPAR则恢复到238.1元，同比增长超过六成。今年4-5月份持续增长，入住率保持在80%左右的水平。\n在后疫情时代，酒店行业的复苏是必然的，然而机遇与挑战并存，外部的竞争不可小觑， 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00:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>北京时间6月19日凌晨消息，<a href=\"https://laohu8.com/S/JD\">京东</a>发布618最终战报：2021年6月1日0时至6月18日24时，2021“京东618，18周年庆”累计下单金额超3438亿元，创下新的纪录！</p>\n<p>这是给消费者带来最佳体验的最好印证；也是创造良好运营环境以及大量帮扶措施，帮助合作伙伴实现强劲增长的最好成果；更是助力乡村振兴、促进就业、降低碳排放，为社会创造更多价值的最好体现。</p>\n<p><img src=\"https://static.tigerbbs.com/4bdbbcff030412e8bba7e0b9f389964c\" tg-width=\"630\" tg-height=\"283\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/4bdbbcff030412e8bba7e0b9f389964c","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09618":"京东集团-SW","JD":"京东"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146581762","content_text":"北京时间6月19日凌晨消息，京东发布618最终战报：2021年6月1日0时至6月18日24时，2021“京东618，18周年庆”累计下单金额超3438亿元，创下新的纪录！\n这是给消费者带来最佳体验的最好印证；也是创造良好运营环境以及大量帮扶措施，帮助合作伙伴实现强劲增长的最好成果；更是助力乡村振兴、促进就业、降低碳排放，为社会创造更多价值的最好体现。","news_type":1},"isVote":1,"tweetType":1,"viewCount":552,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":131719506,"gmtCreate":1621895756605,"gmtModify":1634185826887,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565776795708753","idStr":"3565776795708753"},"themes":[],"htmlText":"不错","listText":"不错","text":"不错","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/131719506","repostId":"1143539422","repostType":4,"repost":{"id":"1143539422","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621869471,"share":"https://www.laohu8.com/m/news/1143539422?lang=&edition=full","pubTime":"2021-05-24 23:17","market":"us","language":"zh","title":"【异动】社交媒体板块走强，Snap涨超5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1143539422","media":"老虎资讯综合","summary":"5月24日，社交媒体板块盘中走强，Snap涨超5%，推特涨近4%，Facebook涨近3%，Pinterest涨超2%。","content":"<p>5月24日，社交媒体板块盘中走强，Snap涨超5%，推特涨近4%，Facebook涨近3%，Pinterest涨超2%。</p><p><img src=\"https://static.tigerbbs.com/f4f35b43d9caeb8a9bb24d21a148c00d\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>【异动】社交媒体板块走强，Snap涨超5%</title>\n<style 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23:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>5月24日，社交媒体板块盘中走强，Snap涨超5%，推特涨近4%，Facebook涨近3%，Pinterest涨超2%。</p><p><img src=\"https://static.tigerbbs.com/f4f35b43d9caeb8a9bb24d21a148c00d\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c005919e4f8f940847a3ff730ed79771","relate_stocks":{"SNAP":"Snap 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22:05","market":"us","language":"zh","title":"中概教育股全线上涨，好未来涨超19%","url":"https://stock-news.laohu8.com/highlight/detail?id=1151499501","media":"老虎资讯综合","summary":"7月28日，中概教育股全线上涨，好未来涨超19%，高途涨近17%，新东方涨超12%，有道涨超11%。","content":"<p>7月28日，中概教育股全线上涨，<a href=\"https://laohu8.com/S/TAL\">好未来</a>涨超19%，<a href=\"https://laohu8.com/S/GOTU\">高途</a>涨近17%，<a href=\"https://laohu8.com/S/EDU\">新东方</a>涨超12%，<a href=\"https://laohu8.com/S/DAO\">有道</a>涨超11%。</p>\n<p><img src=\"https://static.tigerbbs.com/7c87073d9d8e29fef4bc88df33764834\" tg-width=\"376\" tg-height=\"243\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>中概教育股全线上涨，好未来涨超19%</title>\n<style 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referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9730389e2c12f92286a75c147f1ce1db","relate_stocks":{"EDU":"新东方","GOTU":"高途","DAO":"有道","TAL":"好未来"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151499501","content_text":"7月28日，中概教育股全线上涨，好未来涨超19%，高途涨近17%，新东方涨超12%，有道涨超11%。","news_type":1},"isVote":1,"tweetType":1,"viewCount":920,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":116108290,"gmtCreate":1622778215110,"gmtModify":1631889573445,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565776795708753","idStr":"3565776795708753"},"themes":[],"htmlText":"我喜欢买中信证券？你们呢？","listText":"我喜欢买中信证券？你们呢？","text":"我喜欢买中信证券？你们呢？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/116108290","repostId":"1138620462","repostType":4,"isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":163665673,"gmtCreate":1623883590492,"gmtModify":1634026631918,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565776795708753","idStr":"3565776795708753"},"themes":[],"htmlText":"随着政策的变动儿上窜下一跳，不玩这种教育股，远离","listText":"随着政策的变动儿上窜下一跳，不玩这种教育股，远离","text":"随着政策的变动儿上窜下一跳，不玩这种教育股，远离","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/163665673","repostId":"1196216953","repostType":4,"repost":{"id":"1196216953","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623853375,"share":"https://www.laohu8.com/m/news/1196216953?lang=&edition=full","pubTime":"2021-06-16 22:22","market":"us","language":"zh","title":"中概教育股再遭血洗！传下周将出台更为严格的课外辅导新规","url":"https://stock-news.laohu8.com/highlight/detail?id=1196216953","media":"老虎资讯综合","summary":"6月16日，中概教育股持续走低，好未来、高途均跌超10%，新东方跌超8%。\n\n消息人士告诉路透，我国准备对1200亿美元的课外辅导行业进行比预期更为严厉的打击，包括试行禁止假期补习和限制广告。\n知情人","content":"<p>6月16日，中概教育股持续走低，<a href=\"https://laohu8.com/S/TAL\">好未来</a>、<a href=\"https://laohu8.com/S/GOTU\">高途</a>均跌超10%，<a href=\"https://laohu8.com/S/EDU\">新东方</a>跌超8%。</p>\n<p><img src=\"https://static.tigerbbs.com/d6b73de5211a2fb83f44092b0ac9f623\" tg-width=\"478\" tg-height=\"192\" referrerpolicy=\"no-referrer\"></p>\n<p>消息人士告诉路透，我国准备对1200亿美元的课外辅导行业进行比预期更为严厉的打击，包括试行禁止假期补习和限制广告。</p>\n<p>知情人士表示，新规定最早可能在下周公布，并于下个月生效，旨在缓解学童的压力并通过降低家庭生活成本来提高国家的出生率。</p>\n<p>消息人士称，北京、上海和其他主要城市在暑假和寒假期间试行禁止线上和线下辅导，这比路透社上个月首次报道的计划措施更进一步。</p>\n<p>其中一位消息人士表示，“新规则将比预期更严格，该行业应该为最坏的情况做准备。”</p>\n<p>消息人士称，试行假期禁令增加了在学期期间禁止在周末进行线上和线下辅导的计划，这可能会使校外辅导企业的年收入减少多达70-80%。</p>\n<p>教育部正在起草的针对的是从幼儿园到12年级或K-12学生的补习市场，该行业近年来发展迅速。</p>\n<p>根据中国教育学会的最新数据，2016年，中国超过75%的K-12学生（年龄在6至18岁之间）参加了课外辅导班，数据表明这一比例有所上升。</p>\n<p>据路透社上个月报道，已经迫使至少一家提供辅导服务的大公司搁置10亿美元的融资轮，目前正在由高层推动。</p>\n<p>其中一位消息人士称，假期和周末补习禁令将在北京、上海和江苏等九个省市实施，然后在全国推广。</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>中概教育股再遭血洗！传下周将出台更为严格的课外辅导新规</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n中概教育股再遭血洗！传下周将出台更为严格的课外辅导新规\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-06-16 22:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>6月16日，中概教育股持续走低，<a href=\"https://laohu8.com/S/TAL\">好未来</a>、<a href=\"https://laohu8.com/S/GOTU\">高途</a>均跌超10%，<a href=\"https://laohu8.com/S/EDU\">新东方</a>跌超8%。</p>\n<p><img src=\"https://static.tigerbbs.com/d6b73de5211a2fb83f44092b0ac9f623\" tg-width=\"478\" tg-height=\"192\" referrerpolicy=\"no-referrer\"></p>\n<p>消息人士告诉路透，我国准备对1200亿美元的课外辅导行业进行比预期更为严厉的打击，包括试行禁止假期补习和限制广告。</p>\n<p>知情人士表示，新规定最早可能在下周公布，并于下个月生效，旨在缓解学童的压力并通过降低家庭生活成本来提高国家的出生率。</p>\n<p>消息人士称，北京、上海和其他主要城市在暑假和寒假期间试行禁止线上和线下辅导，这比路透社上个月首次报道的计划措施更进一步。</p>\n<p>其中一位消息人士表示，“新规则将比预期更严格，该行业应该为最坏的情况做准备。”</p>\n<p>消息人士称，试行假期禁令增加了在学期期间禁止在周末进行线上和线下辅导的计划，这可能会使校外辅导企业的年收入减少多达70-80%。</p>\n<p>教育部正在起草的针对的是从幼儿园到12年级或K-12学生的补习市场，该行业近年来发展迅速。</p>\n<p>根据中国教育学会的最新数据，2016年，中国超过75%的K-12学生（年龄在6至18岁之间）参加了课外辅导班，数据表明这一比例有所上升。</p>\n<p>据路透社上个月报道，已经迫使至少一家提供辅导服务的大公司搁置10亿美元的融资轮，目前正在由高层推动。</p>\n<p>其中一位消息人士称，假期和周末补习禁令将在北京、上海和江苏等九个省市实施，然后在全国推广。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/428db54350354f66d13560331e078b53","relate_stocks":{"GOTU":"高途","EDU":"新东方","TAL":"好未来"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196216953","content_text":"6月16日，中概教育股持续走低，好未来、高途均跌超10%，新东方跌超8%。\n\n消息人士告诉路透，我国准备对1200亿美元的课外辅导行业进行比预期更为严厉的打击，包括试行禁止假期补习和限制广告。\n知情人士表示，新规定最早可能在下周公布，并于下个月生效，旨在缓解学童的压力并通过降低家庭生活成本来提高国家的出生率。\n消息人士称，北京、上海和其他主要城市在暑假和寒假期间试行禁止线上和线下辅导，这比路透社上个月首次报道的计划措施更进一步。\n其中一位消息人士表示，“新规则将比预期更严格，该行业应该为最坏的情况做准备。”\n消息人士称，试行假期禁令增加了在学期期间禁止在周末进行线上和线下辅导的计划，这可能会使校外辅导企业的年收入减少多达70-80%。\n教育部正在起草的针对的是从幼儿园到12年级或K-12学生的补习市场，该行业近年来发展迅速。\n根据中国教育学会的最新数据，2016年，中国超过75%的K-12学生（年龄在6至18岁之间）参加了课外辅导班，数据表明这一比例有所上升。\n据路透社上个月报道，已经迫使至少一家提供辅导服务的大公司搁置10亿美元的融资轮，目前正在由高层推动。\n其中一位消息人士称，假期和周末补习禁令将在北京、上海和江苏等九个省市实施，然后在全国推广。","news_type":1},"isVote":1,"tweetType":1,"viewCount":635,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":114240838,"gmtCreate":1623076937524,"gmtModify":1634037197290,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565776795708753","idStr":"3565776795708753"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/114240838","repostId":"2141323752","repostType":4,"repost":{"id":"2141323752","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623076347,"share":"https://www.laohu8.com/m/news/2141323752?lang=&edition=full","pubTime":"2021-06-07 22:32","market":"us","language":"zh","title":"【异动】与 LG“牵手” ，Fubo TV涨超10%","url":"https://stock-news.laohu8.com/highlight/detail?id=2141323752","media":"老虎资讯综合","summary":"6月7日，Fubo TV盘中涨超10%，据悉，LG电子今日宣布在其webOS智能电视(2018-2021年型号)上发布fuboTV应用程序，LG用户可通过该应用程序收看超过100个体育、新闻和娱乐频道","content":"<p>6月7日，Fubo TV盘中涨超10%，据悉，LG电子今日宣布在其webOS<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>电视(2018-2021年型号)上发布fuboTV应用程序，LG用户可通过该应用程序收看超过100个体育、新闻和娱乐频道。</p>\n<p><img src=\"https://static.tigerbbs.com/58bdc4cbae8765891d99d418cc7c0cf2\" tg-width=\"840\" tg-height=\"470\"></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>【异动】与 LG“牵手” ，Fubo TV涨超10%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n【异动】与 LG“牵手” ，Fubo TV涨超10%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-06-07 22:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>6月7日，Fubo TV盘中涨超10%，据悉，LG电子今日宣布在其webOS<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>电视(2018-2021年型号)上发布fuboTV应用程序，LG用户可通过该应用程序收看超过100个体育、新闻和娱乐频道。</p>\n<p><img src=\"https://static.tigerbbs.com/58bdc4cbae8765891d99d418cc7c0cf2\" tg-width=\"840\" tg-height=\"470\"></p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d1fe578ee46cbe0d24c33435ff25ae5","relate_stocks":{"FUBO":"fuboTV Inc."},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141323752","content_text":"6月7日，Fubo TV盘中涨超10%，据悉，LG电子今日宣布在其webOS智能电视(2018-2021年型号)上发布fuboTV应用程序，LG用户可通过该应用程序收看超过100个体育、新闻和娱乐频道。","news_type":1},"isVote":1,"tweetType":1,"viewCount":594,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":348573283,"gmtCreate":1617946471542,"gmtModify":1634295584172,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565776795708753","idStr":"3565776795708753"},"themes":[],"htmlText":"说说你对这篇新闻的看法...","listText":"说说你对这篇新闻的看法...","text":"说说你对这篇新闻的看法...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/348573283","repostId":"1147253336","repostType":2,"repost":{"id":"1147253336","pubTimestamp":1617884605,"share":"https://www.laohu8.com/m/news/1147253336?lang=&edition=full","pubTime":"2021-04-08 20:23","market":"us","language":"en","title":"4 Popular Meme Stocks That Aren’t Worth the Hype","url":"https://stock-news.laohu8.com/highlight/detail?id=1147253336","media":"InvestorPlace","summary":"These companies cannot justify the sharp increase in their share price. Meme stocks have exhausted investors this year, and we’re only through the first quarter.Retail investors have taken to social media sites such as r/WallStreetBets on Reddit to work themselves and others into an irrational frenzy over stocks that they then pump up to unreasonable and unsustainable levels.From outdated retailers such as GameStop  to companies teetering on the edge of insolvency such as movie theatre chain AMC","content":"<p>These companies cannot justify the sharp increase in their share price</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/224f2b6fde34e4f119de1b9327417ba0\" tg-width=\"1024\" tg-height=\"576\"><span>Source: Marcus Krauss / Shutterstock.com</span></p>\n<p>Meme stocks&nbsp;have exhausted investors this year, and we’re only through the first quarter.</p>\n<p>Retail investors have taken to social media sites such as&nbsp;r/WallStreetBets&nbsp;on Reddit to work themselves and others into an irrational frenzy over stocks that they then pump up to unreasonable and&nbsp;unsustainable levels.</p>\n<p>From outdated retailers such as&nbsp;<b>GameStop</b>&nbsp;(NYSE:<b><u>GME</u></b>) to companies teetering on the edge of insolvency such as movie theatre chain&nbsp;<b>AMC</b>(NYSE:<b><u>AMC</u></b>), these stocks do not have the underlying fundamentals to justify share price increases of 100% or more.</p>\n<p>The irrational nature of the stocks being targeted is what seems to make them appealing to the Reddit crowds. Of course, many people have lost money as these meme stocks skyrocket and then crash and burn in quick succession.</p>\n<p>Here are four of the most popular meme stocks that aren’t worth the hype.</p>\n<ul>\n <li><b>BlackBerry</b>(NYSE:<b><u>BB</u></b>)</li>\n <li><b>Zomedica</b>(NYSEAMERICAN:<b><u>ZOM</u></b>)</li>\n <li><b>Koss</b>(NASDAQ:<b><u>KOSS</u></b>)</li>\n <li><b>Churchill Capital IV</b>(NYSE:<b><u>CCIV</u></b>)</li>\n</ul>\n<p><b>Meme Stocks to Avoid: BlackBerry (BB)</b></p>\n<p>It’s been nearly 15 years since BlackBerry was a significant technology company.</p>\n<p>The&nbsp;once-dominant&nbsp;Canadian smartphone manufacturer was knocked off its perch when&nbsp;<b>Apple</b>(NASDAQ:<b><u>APPL</u></b>) debuted the iPhone back in 2007.</p>\n<p>As a glut of other competitors entered the market, BlackBerry was forced to abandon smartphones altogether, although it still licenses its name to a small percentage of phones manufactured and sold in Asia.</p>\n<p>Today, BlackBerry has reinvented itself as an enterprise software and the Internet of Things (IoT) company. BlackBerry focuses much of its resources these days on making software for self-driving vehicles.</p>\n<p>However, the reinvention has only been mildly successful. BlackBerry continues to struggle in markets outside its native Canada and the company’s financial results continue to underwhelm investors. At the end of March, BlackBerry reported a$315-million lossfor its fiscal fourth quarter. Revenue for the quarter came in at&nbsp; $210 million, down from $282 million the previous year.</p>\n<p>BB stock has been a disappointment too, barely moving over the past year. However, the stock spiked 237% in January when it briefly became one of the meme stocks and targeted by r/WallStreetBets. The jump was short lived, of course, and today the stock is back down to $8.60 a share, about the same level it was at toward the end of 2020.</p>\n<p>Still, January’s sharp move higher prompted several BlackBerry executives to&nbsp;sell their stock&nbsp;in the company. Other shareholders should do the same.</p>\n<p><b>Zomedica (ZOM)</b></p>\n<p>There’s no question that people love their pets, and that love seems to have only grown stronger during the pandemic as people stayed home with their cats and dogs.</p>\n<p>Just because people love their pets doesn’t mean they should gamble on&nbsp;animal healthcare company Zomedica. In many ways Zomedica is a classic meme stock, the type of unproven, completely speculative bet the WallStreetBets crowd loves to champion and push higher.</p>\n<p>This accounts for why ZOM stock gained 731% between Jan. 4 and Feb. 8 of this year, rising from just $0.35 to a peak of $2.91.</p>\n<p>Make no mistake, there was nothing to justify the move upwards in ZOM stock other than irrational exuberance.</p>\n<p>Consider that Zomedica didn’t earn any revenue in 2020. Zilch. On top of that, Zomedica posted a net loss of nearly $17 million for last year.</p>\n<p>The company has all of its eggs placed in its“Truforma” platform, an animal diagnostic tool that it hopes to sell to veterinarians across the U.S.</p>\n<p>While Zomedica forecasts that the animal diagnostics market could be worth $5.4 billion by 2026, there’s no indication that it will get a large share of that market.</p>\n<p>ZOM stock is currently trading at $1.46 a share, down 50% from its February high. Buyer beware!</p>\n<p><b>Meme Stocks to Avoid:&nbsp;Koss (KOSS)</b></p>\n<p>Milwaukee, Wisconsin-based Koss, which designs and manufactures headphones, has had a wilder ride than most meme stocks this year.</p>\n<p>On Jan. 15, KOSS stock closed the trading day at $2.90 a share. On the 29, the stock finished trading at $64. That’s an increase of 2,107% in a two week span. At one point, the stock hit an intra-day high of $127.45 per share.</p>\n<p>By late February, Koss’ share price had crashed down to $11.90 and today the stock is worth $23.20 a share. The gigantic price moves have gotten Koss labelled as a prototypical meme stock, with critics saying that it has been&nbsp;pumped and dumped&nbsp;several times by the Reddit mob.</p>\n<p>There hasn’t been much to push KOSS stock higher beyond it being targeted on social media. Koss is a completely average company.</p>\n<p>While its headphones are functional and garner generally favourable reviews, the company struggles to compete in the space against titans such as Apple and&nbsp;<b>Sony</b>&nbsp;(NYSE:<b><u>SONY</u></b>),and Koss is far from being a household name: Beats by Dre they ain’t.</p>\n<p>In fact, Koss has been in business since 1958 and even&nbsp;filed for bankruptcy&nbsp;back in 1984. The company has always struggled to maintain market share. It has consistently been a&nbsp;penny stock&nbsp;since the mid-1980s, and there’s no reason to believe that it can maintain its current lofty valuation over the long-term.</p>\n<p><b>Churchill Capital IV (CCIV)</b></p>\n<p>Among special purpose acquisition companies (SPAC), Churchill Capital IV stands out for all the wrong reasons.</p>\n<p>Before the shell company announced the target it planned to merge with and bring public, CCIV stock rose 547% based solely on wild speculation. After cresting at a high of $64.86 on Feb. 18, the stock has&nbsp;come down&nbsp;63% and is now stuck under $25.</p>\n<p>Ironically, the share price crashed after Churchill Capital announced on Feb. 22 that it would merge with&nbsp;electric vehicle maker&nbsp;Lucid Motors, a company that many analysts views as viable competitor to market leader&nbsp;<b>Tesla</b>&nbsp;(NASDAQ:<b><u>TSLA</u></b>).</p>\n<p>The same investors who were keen to pump up CCIV stock seemed equally eager to sell once the Lucid Motors deal was formally announced. A broad rotation out of technology stocks and&nbsp;mounting fatigue&nbsp;over the sheer number of SPAC deals coming to market this year didn’t help matters.</p>\n<p>It remains to be seen if Lucid Motors stock will ultimately be successful once it begins trading under the&nbsp;ticker symbol“LCID” by June 30 of this year, subject to shareholder approval of the deal. But, for now, Churchill Capital IV seems to have become one of the meme stocks that investors should avoid.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Popular Meme Stocks That Aren’t Worth the Hype</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Popular Meme Stocks That Aren’t Worth the Hype\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 20:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/04/4-popular-meme-stocks-that-arent-worth-the-hype/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These companies cannot justify the sharp increase in their share price\nSource: Marcus Krauss / Shutterstock.com\nMeme stocks have exhausted investors this year, and we’re only through the first quarter...</p>\n\n<a href=\"https://investorplace.com/2021/04/4-popular-meme-stocks-that-arent-worth-the-hype/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","KOSS":"高斯电子","ZOM":"Zomedica Pharmaceuticals Corp.","GME":"游戏驿站","AMC":"AMC院线"},"source_url":"https://investorplace.com/2021/04/4-popular-meme-stocks-that-arent-worth-the-hype/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147253336","content_text":"These companies cannot justify the sharp increase in their share price\nSource: Marcus Krauss / Shutterstock.com\nMeme stocks have exhausted investors this year, and we’re only through the first quarter.\nRetail investors have taken to social media sites such as r/WallStreetBets on Reddit to work themselves and others into an irrational frenzy over stocks that they then pump up to unreasonable and unsustainable levels.\nFrom outdated retailers such as GameStop (NYSE:GME) to companies teetering on the edge of insolvency such as movie theatre chain AMC(NYSE:AMC), these stocks do not have the underlying fundamentals to justify share price increases of 100% or more.\nThe irrational nature of the stocks being targeted is what seems to make them appealing to the Reddit crowds. Of course, many people have lost money as these meme stocks skyrocket and then crash and burn in quick succession.\nHere are four of the most popular meme stocks that aren’t worth the hype.\n\nBlackBerry(NYSE:BB)\nZomedica(NYSEAMERICAN:ZOM)\nKoss(NASDAQ:KOSS)\nChurchill Capital IV(NYSE:CCIV)\n\nMeme Stocks to Avoid: BlackBerry (BB)\nIt’s been nearly 15 years since BlackBerry was a significant technology company.\nThe once-dominant Canadian smartphone manufacturer was knocked off its perch when Apple(NASDAQ:APPL) debuted the iPhone back in 2007.\nAs a glut of other competitors entered the market, BlackBerry was forced to abandon smartphones altogether, although it still licenses its name to a small percentage of phones manufactured and sold in Asia.\nToday, BlackBerry has reinvented itself as an enterprise software and the Internet of Things (IoT) company. BlackBerry focuses much of its resources these days on making software for self-driving vehicles.\nHowever, the reinvention has only been mildly successful. BlackBerry continues to struggle in markets outside its native Canada and the company’s financial results continue to underwhelm investors. At the end of March, BlackBerry reported a$315-million lossfor its fiscal fourth quarter. Revenue for the quarter came in at  $210 million, down from $282 million the previous year.\nBB stock has been a disappointment too, barely moving over the past year. However, the stock spiked 237% in January when it briefly became one of the meme stocks and targeted by r/WallStreetBets. The jump was short lived, of course, and today the stock is back down to $8.60 a share, about the same level it was at toward the end of 2020.\nStill, January’s sharp move higher prompted several BlackBerry executives to sell their stock in the company. Other shareholders should do the same.\nZomedica (ZOM)\nThere’s no question that people love their pets, and that love seems to have only grown stronger during the pandemic as people stayed home with their cats and dogs.\nJust because people love their pets doesn’t mean they should gamble on animal healthcare company Zomedica. In many ways Zomedica is a classic meme stock, the type of unproven, completely speculative bet the WallStreetBets crowd loves to champion and push higher.\nThis accounts for why ZOM stock gained 731% between Jan. 4 and Feb. 8 of this year, rising from just $0.35 to a peak of $2.91.\nMake no mistake, there was nothing to justify the move upwards in ZOM stock other than irrational exuberance.\nConsider that Zomedica didn’t earn any revenue in 2020. Zilch. On top of that, Zomedica posted a net loss of nearly $17 million for last year.\nThe company has all of its eggs placed in its“Truforma” platform, an animal diagnostic tool that it hopes to sell to veterinarians across the U.S.\nWhile Zomedica forecasts that the animal diagnostics market could be worth $5.4 billion by 2026, there’s no indication that it will get a large share of that market.\nZOM stock is currently trading at $1.46 a share, down 50% from its February high. Buyer beware!\nMeme Stocks to Avoid: Koss (KOSS)\nMilwaukee, Wisconsin-based Koss, which designs and manufactures headphones, has had a wilder ride than most meme stocks this year.\nOn Jan. 15, KOSS stock closed the trading day at $2.90 a share. On the 29, the stock finished trading at $64. That’s an increase of 2,107% in a two week span. At one point, the stock hit an intra-day high of $127.45 per share.\nBy late February, Koss’ share price had crashed down to $11.90 and today the stock is worth $23.20 a share. The gigantic price moves have gotten Koss labelled as a prototypical meme stock, with critics saying that it has been pumped and dumped several times by the Reddit mob.\nThere hasn’t been much to push KOSS stock higher beyond it being targeted on social media. Koss is a completely average company.\nWhile its headphones are functional and garner generally favourable reviews, the company struggles to compete in the space against titans such as Apple and Sony (NYSE:SONY),and Koss is far from being a household name: Beats by Dre they ain’t.\nIn fact, Koss has been in business since 1958 and even filed for bankruptcy back in 1984. The company has always struggled to maintain market share. It has consistently been a penny stock since the mid-1980s, and there’s no reason to believe that it can maintain its current lofty valuation over the long-term.\nChurchill Capital IV (CCIV)\nAmong special purpose acquisition companies (SPAC), Churchill Capital IV stands out for all the wrong reasons.\nBefore the shell company announced the target it planned to merge with and bring public, CCIV stock rose 547% based solely on wild speculation. After cresting at a high of $64.86 on Feb. 18, the stock has come down 63% and is now stuck under $25.\nIronically, the share price crashed after Churchill Capital announced on Feb. 22 that it would merge with electric vehicle maker Lucid Motors, a company that many analysts views as viable competitor to market leader Tesla (NASDAQ:TSLA).\nThe same investors who were keen to pump up CCIV stock seemed equally eager to sell once the Lucid Motors deal was formally announced. A broad rotation out of technology stocks and mounting fatigue over the sheer number of SPAC deals coming to market this year didn’t help matters.\nIt remains to be seen if Lucid Motors stock will ultimately be successful once it begins trading under the ticker symbol“LCID” by June 30 of this year, subject to shareholder approval of the deal. But, for now, Churchill Capital IV seems to have become one of the meme stocks that investors should avoid.","news_type":1},"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":126021608,"gmtCreate":1624538501604,"gmtModify":1631889197007,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565776795708753","idStr":"3565776795708753"},"themes":[],"htmlText":"利好","listText":"利好","text":"利好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/126021608","repostId":"1106576178","repostType":4,"repost":{"id":"1106576178","pubTimestamp":1624536819,"share":"https://www.laohu8.com/m/news/1106576178?lang=&edition=full","pubTime":"2021-06-24 20:13","market":"us","language":"zh","title":"小鹏汽车港股发行价最高180港元每股，蔚来送祝福","url":"https://stock-news.laohu8.com/highlight/detail?id=1106576178","media":"时代在线","summary":"小鹏这次在香港上市属于双重上市，受美国SEC和香港SFC双方的监管。","content":"<p>文／李卓玲</p>\n<p>距去年8月成功赴美上市不到一年时间，<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>便筹备回港IPO欲“双重上市”。</p>\n<p>6月24日晚8时，小鹏汽车发布了招股说明书补充公告称，将发行8500万股A类普通股作为全球发行的一部分，香港公开发售425万股A类普通股，股票代码为“9868”。小鹏汽车表示本次香港公开发行的最高发行价为每股180港元或23.19美元(相等于每ADS 46.39美元)。</p>\n<p>股东方面，招股书显示，小鹏汽车联合创始人、董事长兼首席执行官何小鹏及其关联公司为小鹏汽车控股股东，持股21.75%；淘宝中国持股11.9%，IDG资本持股4.8%。</p>\n<p>同日，据时代财经在港交所官网了解到，小鹏汽车已通过港交所上市聆讯，并第一次呈交聆讯后资料集。小鹏汽车称，该资料集并非最终上市文件，公司可能会不时根据上市规则作出更新或修订。</p>\n<p>据悉，此次回归港股，<a href=\"https://laohu8.com/S/JPM\">摩根大通</a>和美银为小鹏汽车联席保荐人，前述投行此前曾助小鹏完成赴美上市事宜。与此同时，小鹏汽车此次融资规模最多为20亿美元。不过，对于赴港上市相关消息，小鹏汽车对时代财经称，不予置评。</p>\n<p><img src=\"https://static.tigerbbs.com/637e64eaf32d8f5ba864c1e1c3561ec9\" tg-width=\"550\" tg-height=\"367\" referrerpolicy=\"no-referrer\">图片来源：小鹏汽车</p>\n<p>值得关注的是，除了小鹏汽车外，<a href=\"https://laohu8.com/S/NIO\">蔚来</a>和理想汽车此前亦均传出有赴港上市之心。今年3月，据媒体报道，蔚来、小鹏汽车已向港交所递交上市申请，而理想尚未“递表”；该报道并援引知情人士称，三家公司均打算出售5%的股权，筹资金额合计或将达到50亿美元。</p>\n<p>对于后续回归计划及进展，时代财经6月24日也分别采访了蔚来和<a href=\"https://laohu8.com/S/LI\">理想汽车</a>，双方均称暂无更多消息披露，而对于小鹏回港IPO动态，蔚来公关部人士称，“祝福队友”。</p>\n<p><b>双重上市</b></p>\n<p>“小鹏这次在香港上市属于双重上市，受美国SEC和香港SFC双方的监管。一般来说，这种情况会比二次上市更为严格。”6月24日，川财证券策略分析师王一棠对时代财经表示。</p>\n<p>公开资料显示，在合格交易所（如纽交所、纳斯达克等）作主要上市的企业，允许在港作第二上市，但需符合几大条件，包括企业必须是创<a href=\"https://laohu8.com/S/300832\">新产业</a>公司、在至少最近两个完整会计年度于合格交易所上市的合规纪录良好，以及申请人于香港第二上市时的总市值不少于400亿港币，或上市时的总市值不少于100亿港币并且最近一个经审计会计年度的收益不少于10亿港币等。</p>\n<p><img src=\"https://static.tigerbbs.com/7426061ec0b6d7263a5f645b48ccc96b\" tg-width=\"550\" tg-height=\"414\" referrerpolicy=\"no-referrer\">图片来源：港交所官网截图</p>\n<p>小鹏此次以目前较少见的“双重主要上市”(Dual Primary Listing)方式回归港股，主要因其距此前美股上市（去年8月27日）的间隔时间较短，不符合二次上市中对于上市主体在另一家符合条件的交易所至少有两年良好监管合规记录的要求。</p>\n<p>王一棠对时代财经称，从小鹏汽车当前市值，再加上该公司为创新企业，理论上满足上市港交所的标准。而截至6月23日收盘，小鹏汽车(XPEV.NYSE)美股收盘价为41.61美元/股，总市值达334.27亿美元，约合2595.3亿港币。</p>\n<p>不过，小鹏汽车在向港交所呈交的聆讯后资料中仍提及多项风险和不确定因素，包括作为行业新加入者的挑战、研发工作可能无法产能预期成果、自动驾驶技术风险，以及最近才开始产生收入且仍在产生亏损和负经营现金流，而此等情形将有可能于日后持续等。</p>\n<p>其中，在与<a href=\"https://laohu8.com/S/000572\">海马汽车</a>的产能合作方面，小鹏汽车称，与前者的合作协议将于今年12月31日届满，但可能存在未能与海马以可接纳的条款及条件订立新合约或延长现有合约，以及订立的协议亦可能会在双方同意下终止。如出现任何上述情况，小鹏汽车或须与其他第三方订立合约或大幅增加本身的产能。</p>\n<p>“我们无法保证在该情形下能按可接纳的条款，与其他第三方合伙或增加本身的产能以满足我们的需求，或完全不能满足。完成任何过渡及确保新第三方合作伙伴的工厂所生产的<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>电动汽车符合我们的质量标准及监管规定所需的开支及时间可能较预期为多。上述任何因素均可能对我们的业务、经营业绩、财务状况及前景造成不利影响。”小鹏汽车在其呈交的聆讯后资料中指出。</p>\n<p><img src=\"https://static.tigerbbs.com/70c771acf3ec396d6a6bb60ff0922bce\" tg-width=\"550\" tg-height=\"366\" referrerpolicy=\"no-referrer\">图片来源：网络，侵权请联系删除</p>\n<p><b>“蔚小理”加速回港上市筹资？</b></p>\n<p>在业界看来，若小鹏汽车如愿登陆港股市场，将助其进一步拓宽融资渠道，为其后续产品投放、技术研发等做好资金储备。</p>\n<p>据小鹏汽车呈交给港交所的资料显示，2018年至2020年，小鹏汽车的年研发开支分別为人民币10.51亿元、20.7亿元、17.26亿元，再加上今年一季度的5.35亿元，合计约53.82亿元。在2019年、2020年及截至2021年3月31日止三个月，上述开支分别占总收入89.2%、29.5%及18.1%。</p>\n<p>在研发人员方面，截至今年3月底，有2442名员工(占总人数约39.8%)在小鹏汽车研发部门工作，其中62.1%、16.3%和21.5%分别致力于汽车设计与工程、自动驾驶和智能操作系统。按职能分类的员工明细来看，小鹏汽车的研发人员占比仅次于负责销售及营销的员工（2518人），后者这一占比为41.1%。</p>\n<p>值得关注的是，小鹏汽车此前通过首发上市及后续股票增发等，获得较为充足的现金储备。据悉，其去年8月完成首次公开发售及于纽交所上市，经扣除承销折扣、佣金及开支后，共筹得所得款项净额约16.56亿美元。随后，去年12月，小鹏汽车又按每股美国存托股45美元或每股股份22.5美元的价格完成后续公开发售，经扣除承销折扣、佣金及开支后，共筹得所得款项净额24.45亿美元。</p>\n<p>而目前，除了小鹏汽车外，另外两家头部新势力车企蔚来、理想被传同样有回港上市计划，以进一步优化融资渠道。结合“蔚小理”车企Q1财报来看，目前三家车企现金储备均超300亿元，其中，蔚来现金储备最多达475亿元，小鹏为362.01亿元，理想汽车为303.6亿元。</p>\n<p>此前，理想汽车创始人、CEO李想曾对外表示，理想不介意任何一种方式的融资，包括二级市场、银行贷款和发债等。</p>\n<p>有业界人士对时代财经称，在拓宽外部融资渠道的同时，扩大交付规模以提升自身造血能力仍是新势力车企实现盈利的头等大事。据<a href=\"https://laohu8.com/S/002736\">国信证券</a>研报测算认为，蔚来、小鹏、理想要想实现盈利，销量规模分别需达到18万辆、12万辆和6万辆。截至今年5月底，蔚来累计交付量为10.95万辆，小鹏汽车累计交付量超6.4万辆，理想汽车累计交付量超5.6万辆。</p>","source":"lsy1588128741489","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>小鹏汽车港股发行价最高180港元每股，蔚来送祝福</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n小鹏汽车港股发行价最高180港元每股，蔚来送祝福\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 20:13 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.time-weekly.com/post/282527><strong>时代在线</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>文／李卓玲\n距去年8月成功赴美上市不到一年时间，小鹏汽车便筹备回港IPO欲“双重上市”。\n6月24日晚8时，小鹏汽车发布了招股说明书补充公告称，将发行8500万股A类普通股作为全球发行的一部分，香港公开发售425万股A类普通股，股票代码为“9868”。小鹏汽车表示本次香港公开发行的最高发行价为每股180港元或23.19美元(相等于每ADS 46.39美元)。\n股东方面，招股书显示，小鹏汽车联合...</p>\n\n<a href=\"http://www.time-weekly.com/post/282527\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1f112c7634aa63c7d43e3db0ad6536d8","relate_stocks":{"09868":"小鹏汽车-W","XPEV":"小鹏汽车"},"source_url":"http://www.time-weekly.com/post/282527","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106576178","content_text":"文／李卓玲\n距去年8月成功赴美上市不到一年时间，小鹏汽车便筹备回港IPO欲“双重上市”。\n6月24日晚8时，小鹏汽车发布了招股说明书补充公告称，将发行8500万股A类普通股作为全球发行的一部分，香港公开发售425万股A类普通股，股票代码为“9868”。小鹏汽车表示本次香港公开发行的最高发行价为每股180港元或23.19美元(相等于每ADS 46.39美元)。\n股东方面，招股书显示，小鹏汽车联合创始人、董事长兼首席执行官何小鹏及其关联公司为小鹏汽车控股股东，持股21.75%；淘宝中国持股11.9%，IDG资本持股4.8%。\n同日，据时代财经在港交所官网了解到，小鹏汽车已通过港交所上市聆讯，并第一次呈交聆讯后资料集。小鹏汽车称，该资料集并非最终上市文件，公司可能会不时根据上市规则作出更新或修订。\n据悉，此次回归港股，摩根大通和美银为小鹏汽车联席保荐人，前述投行此前曾助小鹏完成赴美上市事宜。与此同时，小鹏汽车此次融资规模最多为20亿美元。不过，对于赴港上市相关消息，小鹏汽车对时代财经称，不予置评。\n图片来源：小鹏汽车\n值得关注的是，除了小鹏汽车外，蔚来和理想汽车此前亦均传出有赴港上市之心。今年3月，据媒体报道，蔚来、小鹏汽车已向港交所递交上市申请，而理想尚未“递表”；该报道并援引知情人士称，三家公司均打算出售5%的股权，筹资金额合计或将达到50亿美元。\n对于后续回归计划及进展，时代财经6月24日也分别采访了蔚来和理想汽车，双方均称暂无更多消息披露，而对于小鹏回港IPO动态，蔚来公关部人士称，“祝福队友”。\n双重上市\n“小鹏这次在香港上市属于双重上市，受美国SEC和香港SFC双方的监管。一般来说，这种情况会比二次上市更为严格。”6月24日，川财证券策略分析师王一棠对时代财经表示。\n公开资料显示，在合格交易所（如纽交所、纳斯达克等）作主要上市的企业，允许在港作第二上市，但需符合几大条件，包括企业必须是创新产业公司、在至少最近两个完整会计年度于合格交易所上市的合规纪录良好，以及申请人于香港第二上市时的总市值不少于400亿港币，或上市时的总市值不少于100亿港币并且最近一个经审计会计年度的收益不少于10亿港币等。\n图片来源：港交所官网截图\n小鹏此次以目前较少见的“双重主要上市”(Dual Primary Listing)方式回归港股，主要因其距此前美股上市（去年8月27日）的间隔时间较短，不符合二次上市中对于上市主体在另一家符合条件的交易所至少有两年良好监管合规记录的要求。\n王一棠对时代财经称，从小鹏汽车当前市值，再加上该公司为创新企业，理论上满足上市港交所的标准。而截至6月23日收盘，小鹏汽车(XPEV.NYSE)美股收盘价为41.61美元/股，总市值达334.27亿美元，约合2595.3亿港币。\n不过，小鹏汽车在向港交所呈交的聆讯后资料中仍提及多项风险和不确定因素，包括作为行业新加入者的挑战、研发工作可能无法产能预期成果、自动驾驶技术风险，以及最近才开始产生收入且仍在产生亏损和负经营现金流，而此等情形将有可能于日后持续等。\n其中，在与海马汽车的产能合作方面，小鹏汽车称，与前者的合作协议将于今年12月31日届满，但可能存在未能与海马以可接纳的条款及条件订立新合约或延长现有合约，以及订立的协议亦可能会在双方同意下终止。如出现任何上述情况，小鹏汽车或须与其他第三方订立合约或大幅增加本身的产能。\n“我们无法保证在该情形下能按可接纳的条款，与其他第三方合伙或增加本身的产能以满足我们的需求，或完全不能满足。完成任何过渡及确保新第三方合作伙伴的工厂所生产的智能电动汽车符合我们的质量标准及监管规定所需的开支及时间可能较预期为多。上述任何因素均可能对我们的业务、经营业绩、财务状况及前景造成不利影响。”小鹏汽车在其呈交的聆讯后资料中指出。\n图片来源：网络，侵权请联系删除\n“蔚小理”加速回港上市筹资？\n在业界看来，若小鹏汽车如愿登陆港股市场，将助其进一步拓宽融资渠道，为其后续产品投放、技术研发等做好资金储备。\n据小鹏汽车呈交给港交所的资料显示，2018年至2020年，小鹏汽车的年研发开支分別为人民币10.51亿元、20.7亿元、17.26亿元，再加上今年一季度的5.35亿元，合计约53.82亿元。在2019年、2020年及截至2021年3月31日止三个月，上述开支分别占总收入89.2%、29.5%及18.1%。\n在研发人员方面，截至今年3月底，有2442名员工(占总人数约39.8%)在小鹏汽车研发部门工作，其中62.1%、16.3%和21.5%分别致力于汽车设计与工程、自动驾驶和智能操作系统。按职能分类的员工明细来看，小鹏汽车的研发人员占比仅次于负责销售及营销的员工（2518人），后者这一占比为41.1%。\n值得关注的是，小鹏汽车此前通过首发上市及后续股票增发等，获得较为充足的现金储备。据悉，其去年8月完成首次公开发售及于纽交所上市，经扣除承销折扣、佣金及开支后，共筹得所得款项净额约16.56亿美元。随后，去年12月，小鹏汽车又按每股美国存托股45美元或每股股份22.5美元的价格完成后续公开发售，经扣除承销折扣、佣金及开支后，共筹得所得款项净额24.45亿美元。\n而目前，除了小鹏汽车外，另外两家头部新势力车企蔚来、理想被传同样有回港上市计划，以进一步优化融资渠道。结合“蔚小理”车企Q1财报来看，目前三家车企现金储备均超300亿元，其中，蔚来现金储备最多达475亿元，小鹏为362.01亿元，理想汽车为303.6亿元。\n此前，理想汽车创始人、CEO李想曾对外表示，理想不介意任何一种方式的融资，包括二级市场、银行贷款和发债等。\n有业界人士对时代财经称，在拓宽外部融资渠道的同时，扩大交付规模以提升自身造血能力仍是新势力车企实现盈利的头等大事。据国信证券研报测算认为，蔚来、小鹏、理想要想实现盈利，销量规模分别需达到18万辆、12万辆和6万辆。截至今年5月底，蔚来累计交付量为10.95万辆，小鹏汽车累计交付量超6.4万辆，理想汽车累计交付量超5.6万辆。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":165232847,"gmtCreate":1624145724689,"gmtModify":1631889197022,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565776795708753","idStr":"3565776795708753"},"themes":[],"htmlText":"希望人们尽快完成接种，保护自己和家人","listText":"希望人们尽快完成接种，保护自己和家人","text":"希望人们尽快完成接种，保护自己和家人","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/165232847","repostId":"2144170319","repostType":4,"isVote":1,"tweetType":1,"viewCount":1143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":162245118,"gmtCreate":1624066144734,"gmtModify":1631889197026,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565776795708753","idStr":"3565776795708753"},"themes":[],"htmlText":"如果美股指数跌，大家买UVXY，稳稳的赚钱","listText":"如果美股指数跌，大家买UVXY，稳稳的赚钱","text":"如果美股指数跌，大家买UVXY，稳稳的赚钱","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/162245118","repostId":"1145549454","repostType":4,"isVote":1,"tweetType":1,"viewCount":1496,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":181056880,"gmtCreate":1623368599140,"gmtModify":1634034204709,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565776795708753","idStr":"3565776795708753"},"themes":[],"htmlText":"会不会七月就会牛起来啊","listText":"会不会七月就会牛起来啊","text":"会不会七月就会牛起来啊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/181056880","repostId":"2142526221","repostType":4,"isVote":1,"tweetType":1,"viewCount":387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":180884268,"gmtCreate":1623198598154,"gmtModify":1634035955106,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565776795708753","idStr":"3565776795708753"},"themes":[],"htmlText":"牙科是暴利","listText":"牙科是暴利","text":"牙科是暴利","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/180884268","repostId":"2141261155","repostType":4,"isVote":1,"tweetType":1,"viewCount":455,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":111574038,"gmtCreate":1622689499924,"gmtModify":1634099103453,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"foll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09:48","market":"hk","language":"zh","title":"小米股价重回30港元关口，创2月中旬以来新高","url":"https://stock-news.laohu8.com/highlight/detail?id=1151093197","media":"老虎资讯综合","summary":"6月2日，小米集团-W盘中股价重回30港元关口，股价创2月中旬以来新高。富时罗素宣布对富时中国50指数、富时中国A50指数、富时中国A150指数等指数季度审核变更，该变更将于6月18日收盘后生效。小米","content":"<p>6月2日，<a href=\"https://laohu8.com/S/01810\">小米集团-W</a>盘中股价重回30港元关口，股价创2月中旬以来新高。富时罗素宣布对富时中国50指数、富时中国A50指数、富时中国A150指数等指数季度审核变更，该变更将于6月18日收盘后生效。小米集团、中远海控、中信股份加入富时中国50指数。</p><p><img src=\"https://static.tigerbbs.com/53c2c20da020a77360e5e169d91207df\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>里昂发表研究报告，指小米首季表现强劲，并胜预期，收入按年增55％，高于该行预期2％。智能手机业务收入按年增70％，主因付运量按年增69％至4,940万部，物联网收入亦按年反弹41％。</p><p>基于供应短缺情况下，集团毛利率录18.4％创新高，经调整EBIT率为8.7％，主因折扣减少所致，经调整纯利按年大增164％至61亿元人民币。</p><p>该行预期，小米第二季全球智能手机付运量达5,000万部，收入维持50％按年增长。该行上调集团今明两年经调整纯利预测分别50％及12％，目标价由32港元升至34港元，重申评级为买入。</p><p></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>小米股价重回30港元关口，创2月中旬以来新高</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n小米股价重回30港元关口，创2月中旬以来新高\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-06-03 09:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>6月2日，<a href=\"https://laohu8.com/S/01810\">小米集团-W</a>盘中股价重回30港元关口，股价创2月中旬以来新高。富时罗素宣布对富时中国50指数、富时中国A50指数、富时中国A150指数等指数季度审核变更，该变更将于6月18日收盘后生效。小米集团、中远海控、中信股份加入富时中国50指数。</p><p><img src=\"https://static.tigerbbs.com/53c2c20da020a77360e5e169d91207df\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>里昂发表研究报告，指小米首季表现强劲，并胜预期，收入按年增55％，高于该行预期2％。智能手机业务收入按年增70％，主因付运量按年增69％至4,940万部，物联网收入亦按年反弹41％。</p><p>基于供应短缺情况下，集团毛利率录18.4％创新高，经调整EBIT率为8.7％，主因折扣减少所致，经调整纯利按年大增164％至61亿元人民币。</p><p>该行预期，小米第二季全球智能手机付运量达5,000万部，收入维持50％按年增长。该行上调集团今明两年经调整纯利预测分别50％及12％，目标价由32港元升至34港元，重申评级为买入。</p><p></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3df686d3a6ca977e8c6841905eb7e18c","relate_stocks":{"01810":"小米集团-W"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151093197","content_text":"6月2日，小米集团-W盘中股价重回30港元关口，股价创2月中旬以来新高。富时罗素宣布对富时中国50指数、富时中国A50指数、富时中国A150指数等指数季度审核变更，该变更将于6月18日收盘后生效。小米集团、中远海控、中信股份加入富时中国50指数。里昂发表研究报告，指小米首季表现强劲，并胜预期，收入按年增55％，高于该行预期2％。智能手机业务收入按年增70％，主因付运量按年增69％至4,940万部，物联网收入亦按年反弹41％。基于供应短缺情况下，集团毛利率录18.4％创新高，经调整EBIT率为8.7％，主因折扣减少所致，经调整纯利按年大增164％至61亿元人民币。该行预期，小米第二季全球智能手机付运量达5,000万部，收入维持50％按年增长。该行上调集团今明两年经调整纯利预测分别50％及12％，目标价由32港元升至34港元，重申评级为买入。","news_type":1},"isVote":1,"tweetType":1,"viewCount":229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":139056026,"gmtCreate":1621577679465,"gmtModify":1634187929291,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565776795708753","idStr":"3565776795708753"},"themes":[],"htmlText":"未来应该好吧，但是眼下确实走不出来底部","listText":"未来应该好吧，但是眼下确实走不出来底部","text":"未来应该好吧，但是眼下确实走不出来底部","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139056026","repostId":"2137749519","repostType":4,"repost":{"id":"2137749519","pubTimestamp":1621563816,"share":"https://www.laohu8.com/m/news/2137749519?lang=&edition=full","pubTime":"2021-05-21 10:23","market":"hk","language":"zh","title":"腾讯主动进入“少赚钱”模式，但这样才更恐怖吧","url":"https://stock-news.laohu8.com/highlight/detail?id=2137749519","media":"开柒","summary":"话说，腾讯昨天公布了第一季度财报，八姐有盆友要说了，哼，别看了，腾讯这么牛掰，那肯定是形势又是一片大好了呗。不过，八姐要说的是，其实腾讯的业绩固然是挺好的，但更值得关心的是，腾讯在这次财报中传递的信号——那就是，腾讯将在挺长一段时间切换至“少赚钱”的模式，这对于腾讯股东们而言，短期内可能都不是一件好事。财报显示，腾讯游戏收入增长17%至人民币436亿，这个同比增速的确不算高，是最近六个季度以来的同比新低。","content":"<p>话说，腾讯昨天公布了第一季度财报，八姐有盆友要说了，哼，别看了，腾讯这么牛掰，那肯定是形势又是一片大好了呗。不过，八姐要说的是，其实腾讯的业绩固然是挺好的，但更值得关心的是，腾讯在这次财报中传递的信号——那就是，腾讯将在挺长一段时间切换至“少赚钱”的模式，这对于腾讯股东们而言，短期内可能都不是一件好事。</p>\n<p><img src=\"https://static.tigerbbs.com/c14352d662fd62f203348d55e86c574c\" tg-width=\"550\" tg-height=\"284\" referrerpolicy=\"no-referrer\"></p>\n<h2></h2>\n<p>腾讯在财报中强调，“我们将主动加大投入，把二零二一年的部分利润增量投资于新的机会，我们相信此举长远而言可带来丰厚回报。这些投入会覆盖以下领域—— 企业服务、游戏及短视频内容。”</p>\n<p>那么，腾讯的投入力度会有多大呢？根据刘炽平在财报会议上的发言，投资区间是0—22%，也就是非国际财务报告准则的所有赚的钱都有可能花掉投资这三方面业务。</p>\n<p>而实际上，腾讯的投资已经开始了，因为腾讯的非国际财务报告准则下的净利润同比增速已经下降到了7个季度以来的最低。而这一指标因为刨除了账面投资收益等，是判断腾讯经营利润的更为重要的指标。</p>\n<p><img src=\"https://static.tigerbbs.com/e8e5146b045d3be45757993331eb054e\" tg-width=\"550\" tg-height=\"326\" referrerpolicy=\"no-referrer\"></p>\n<h2></h2>\n<p>再结合腾讯首期投入500亿到“可持续社会价值事业部”，这又是去年净利润（非标）的一半还多，嗯，说腾讯进入“少赚钱”的大花钱时代，丝毫不为过。</p>\n<p>不过，八姐的感觉是，腾讯这样主动做一方面可能是有意规避监管风险，另一方面也是为了在企业服务、游戏及短视频内容这三个领域扩大自己的竞争力，嗯，这些市场的竞争者们准备好了吗？新一轮的烧钱大战开始了哦。当然，这也与腾讯雄厚的现金储备有关，毕竟，腾讯账上还躺着近1500亿的现金呢。</p>\n<p><img src=\"https://static.tigerbbs.com/6413966e18f6d77a925e979a33130480\" tg-width=\"550\" tg-height=\"125\" referrerpolicy=\"no-referrer\"></p>\n<h2></h2>\n<p>好啦，下面来详细说下腾讯第一季度财报的关键信息。</p>\n<p><b>1，腾讯收入增长25%，仍旧超出了市场预期。</b></p>\n<p>财报显示，腾讯总收入为人民币1353亿元，同比增长25%，这个增速不算快，是一年来的最低增速，但依然超出了分析师的预期。</p>\n<p><img src=\"https://static.tigerbbs.com/253d794d9f5192f60cb8926da5b62b02\" tg-width=\"550\" tg-height=\"340\" referrerpolicy=\"no-referrer\"></p>\n<h2></h2>\n<p><b>2，腾讯游戏增长依然还是挺猛的。</b></p>\n<p>财报显示，腾讯游戏收入增长17%至人民币436亿，这个同比增速的确不算高，是最近六个季度以来的同比新低。但值得注意的是，由于去年第一季度处于疫情隔离阶段，<a href=\"https://laohu8.com/S/QC7.SI\">全民</a>宅家休闲娱乐，这也导致了腾讯去年第一季度游戏业务增长迅速。在这样的基数之下，腾讯游戏收入出现增长也还是不错的，而且环比也有超过10%的增长。</p>\n<p><img src=\"https://static.tigerbbs.com/d7ec6628ea9279b76fe66adcd93de811\" tg-width=\"550\" tg-height=\"350\" referrerpolicy=\"no-referrer\"></p>\n<h2></h2>\n<p><b>3，腾讯广告业务回温。</b></p>\n<p>财报显示，腾讯网络广告业务第一季的收入同比增长23%至人民币218亿元。社交及其他广告收入增长27%至人民币185亿元。媒体广告收入增长7%至人民币33亿元。</p>\n<p><img src=\"https://static.tigerbbs.com/ac7b81e90efbe4799a8b440b44bbb80d\" tg-width=\"550\" tg-height=\"294\" referrerpolicy=\"no-referrer\"></p>\n<h2></h2>\n<p>另外，财报中有一点值得关注，腾讯在财报中称，社交广告的增长主要是因为广告主对微信友圈广告的投放，以及移动广告联盟的需求增长而提供更多广告库存所推动。简而言之，微信朋友圈即便在控制展现的频次，但这依然是大杀器，腾讯只要随便增加点广告位，那收入就可以蹭蹭地涨，只是腾讯比较克制而已。</p>\n<p>除此之外，K12的教育整顿也对腾讯的广告收入带来了负面影响。腾讯高管承认，教育广告目前已经是在线广告贡献最大的五个行业之一，当然这个领域发生的事情就可能会对整体广告行业产生一定影响，</p>\n<p><b>4，腾讯拒绝披露视频号的数据。</b></p>\n<p>在财报中，腾讯多次提到了对短视频特别是视频号的高度重视。比如，短视频是腾讯投资的方向之一，再比如，财报中也提到，视频号是微信的重点。但腾讯却拒绝披露视频号的用户数据，所以，是数据不好看？还是数据太好看怕吓到了竞争对手？</p>\n<p><b>5，腾讯的金融科技服务出现了两年来的最大涨幅。</b></p>\n<p>财报显示，腾讯金融科技及企业服务业务收入同比增长47%至人民币390亿元，这也是两年以来的最大同比涨幅。</p>\n<p><img src=\"https://static.tigerbbs.com/98b39695e2af7a0b24c56e05e7f4060a\" tg-width=\"550\" tg-height=\"337\" referrerpolicy=\"no-referrer\"></p>\n<h2></h2>\n<p>为啥增速这么快呢？腾讯方面的解释是，第一季度是春节，大家增加消费，促成了微信支付交易增长。</p>\n<p>另一方面，针对阿里云这一季度增速放缓，腾讯高管则认为这并不意味着行业内大企业云基础服务需求的降低。尽管腾讯没有披露腾讯云的具体数字，但称腾讯云一季度的增速超过行业水平，并认为这主要是因为腾讯平台即服务（PaaS）业务增长不错。</p>\n<p><b>6，腾讯视频付费用户达到了1.26亿。</b></p>\n<p>第一季度，腾讯视频付费服务会员数同比增长12%至1.25亿，比上季度增加了200万。与此同时，腾讯视频领先了<a href=\"https://laohu8.com/S/IQ\">爱奇艺</a>近2000万会员。</p>\n<p><b>7，微信依然很稳，但QQ一年流失了近9000万用户。</b></p>\n<p>根据腾讯披露的数据，微信月活用户高达12.4亿，同比增长3.3%，环比增长1.4%。对于微信这样超级体量的产品，这已经是不错的增速了。</p>\n<p>与此同时，QQ的数据就不怎么好看了，移动端月活跃用户为6.06亿，同比下滑12.6%，一年流失了8710万用户。而稍好一点的信息是，与上一个季度相比，第一季度，QQ的月活又涨了近600万。</p>\n<p><img src=\"https://static.tigerbbs.com/bc42fffff6079c409c72ec001b63e94e\" tg-width=\"550\" tg-height=\"266\" referrerpolicy=\"no-referrer\"></p>\n<h2></h2>\n<p>而QQ月活的下降可能也与腾讯对QQ团队的调整强关联。此前，腾讯让天美工作室群的负责人姚晓光来同时负责QQ。在财报中，腾讯也解释称，腾讯将用技术促进QQ内部社交与内容消费体验之间的融合，比如即时通讯与游戏之间的融合体验。新的QQ新领导团队将致力升级QQ的技术、运营及内容，更好地服务年轻用户在社交及娱乐方面的需求。</p>\n<p><b>8，投资业务挺亮眼：腾讯一个季度浮盈195亿，投资总估值超过1万亿。</b></p>\n<p>第一季度，腾讯净利润478亿元人民币，同比增长65%。在这其中，腾讯的投资收益就高达195亿元。</p>\n<p>与此同时，腾讯投资的联盈公司的总估值高达1.1万亿。</p>\n<p>另外，腾讯这一季度投资所花出去的钱也高达550亿元。不得不说，腾讯作为一家投资公司，也是杠杠的。</p>\n<p><img src=\"https://static.tigerbbs.com/626eb17fe4f537806393c69630624789\" tg-width=\"550\" tg-height=\"174\" referrerpolicy=\"no-referrer\"></p>\n<h2></h2>\n<p><b>9，腾讯大厂员工数接近9w，人均薪酬成本下降。</b></p>\n<p>根据财报，腾讯第一季度员工数接近9万，达到了89228名，比去年增长了近2.5万人，同比增长38.9%。员工数量的增速高于薪酬成本的增速，也就是说实际上人均薪酬成本是下降的。当然，粗略计算，腾讯季度人均薪酬成本为22.8万元，月人均薪酬成本为7.6万元，这依然是一个不低的数字。</p>\n<p>总而言之，腾讯的各方面增长还是相当不错的。而至于把利润都去重新投入到重点业务后，腾讯又是否会在这几个部分增长更快，咱们就拭目以待吧</p>","source":"kq","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>腾讯主动进入“少赚钱”模式，但这样才更恐怖吧</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n腾讯主动进入“少赚钱”模式，但这样才更恐怖吧\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 10:23 北京时间&nbsp;&nbsp;&nbsp;<a href=https://tech.sina.cn/i/gn/2021-05-21/detail-ikmyaawc6614534.d.html?vt=4><strong>开柒</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>话说，腾讯昨天公布了第一季度财报，八姐有盆友要说了，哼，别看了，腾讯这么牛掰，那肯定是形势又是一片大好了呗。不过，八姐要说的是，其实腾讯的业绩固然是挺好的，但更值得关心的是，腾讯在这次财报中传递的信号——那就是，腾讯将在挺长一段时间切换至“少赚钱”的模式，这对于腾讯股东们而言，短期内可能都不是一件好事。\n\n\n腾讯在财报中强调，“我们将主动加大投入，把二零二一年的部分利润增量投资于新的机会，我们相信...</p>\n\n<a href=\"https://tech.sina.cn/i/gn/2021-05-21/detail-ikmyaawc6614534.d.html?vt=4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/00bc38451d364c768f0efed21ef90892","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","00700":"腾讯控股","TCEHY":"腾讯控股ADR"},"source_url":"https://tech.sina.cn/i/gn/2021-05-21/detail-ikmyaawc6614534.d.html?vt=4","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137749519","content_text":"话说，腾讯昨天公布了第一季度财报，八姐有盆友要说了，哼，别看了，腾讯这么牛掰，那肯定是形势又是一片大好了呗。不过，八姐要说的是，其实腾讯的业绩固然是挺好的，但更值得关心的是，腾讯在这次财报中传递的信号——那就是，腾讯将在挺长一段时间切换至“少赚钱”的模式，这对于腾讯股东们而言，短期内可能都不是一件好事。\n\n\n腾讯在财报中强调，“我们将主动加大投入，把二零二一年的部分利润增量投资于新的机会，我们相信此举长远而言可带来丰厚回报。这些投入会覆盖以下领域—— 企业服务、游戏及短视频内容。”\n那么，腾讯的投入力度会有多大呢？根据刘炽平在财报会议上的发言，投资区间是0—22%，也就是非国际财务报告准则的所有赚的钱都有可能花掉投资这三方面业务。\n而实际上，腾讯的投资已经开始了，因为腾讯的非国际财务报告准则下的净利润同比增速已经下降到了7个季度以来的最低。而这一指标因为刨除了账面投资收益等，是判断腾讯经营利润的更为重要的指标。\n\n\n再结合腾讯首期投入500亿到“可持续社会价值事业部”，这又是去年净利润（非标）的一半还多，嗯，说腾讯进入“少赚钱”的大花钱时代，丝毫不为过。\n不过，八姐的感觉是，腾讯这样主动做一方面可能是有意规避监管风险，另一方面也是为了在企业服务、游戏及短视频内容这三个领域扩大自己的竞争力，嗯，这些市场的竞争者们准备好了吗？新一轮的烧钱大战开始了哦。当然，这也与腾讯雄厚的现金储备有关，毕竟，腾讯账上还躺着近1500亿的现金呢。\n\n\n好啦，下面来详细说下腾讯第一季度财报的关键信息。\n1，腾讯收入增长25%，仍旧超出了市场预期。\n财报显示，腾讯总收入为人民币1353亿元，同比增长25%，这个增速不算快，是一年来的最低增速，但依然超出了分析师的预期。\n\n\n2，腾讯游戏增长依然还是挺猛的。\n财报显示，腾讯游戏收入增长17%至人民币436亿，这个同比增速的确不算高，是最近六个季度以来的同比新低。但值得注意的是，由于去年第一季度处于疫情隔离阶段，全民宅家休闲娱乐，这也导致了腾讯去年第一季度游戏业务增长迅速。在这样的基数之下，腾讯游戏收入出现增长也还是不错的，而且环比也有超过10%的增长。\n\n\n3，腾讯广告业务回温。\n财报显示，腾讯网络广告业务第一季的收入同比增长23%至人民币218亿元。社交及其他广告收入增长27%至人民币185亿元。媒体广告收入增长7%至人民币33亿元。\n\n\n另外，财报中有一点值得关注，腾讯在财报中称，社交广告的增长主要是因为广告主对微信友圈广告的投放，以及移动广告联盟的需求增长而提供更多广告库存所推动。简而言之，微信朋友圈即便在控制展现的频次，但这依然是大杀器，腾讯只要随便增加点广告位，那收入就可以蹭蹭地涨，只是腾讯比较克制而已。\n除此之外，K12的教育整顿也对腾讯的广告收入带来了负面影响。腾讯高管承认，教育广告目前已经是在线广告贡献最大的五个行业之一，当然这个领域发生的事情就可能会对整体广告行业产生一定影响，\n4，腾讯拒绝披露视频号的数据。\n在财报中，腾讯多次提到了对短视频特别是视频号的高度重视。比如，短视频是腾讯投资的方向之一，再比如，财报中也提到，视频号是微信的重点。但腾讯却拒绝披露视频号的用户数据，所以，是数据不好看？还是数据太好看怕吓到了竞争对手？\n5，腾讯的金融科技服务出现了两年来的最大涨幅。\n财报显示，腾讯金融科技及企业服务业务收入同比增长47%至人民币390亿元，这也是两年以来的最大同比涨幅。\n\n\n为啥增速这么快呢？腾讯方面的解释是，第一季度是春节，大家增加消费，促成了微信支付交易增长。\n另一方面，针对阿里云这一季度增速放缓，腾讯高管则认为这并不意味着行业内大企业云基础服务需求的降低。尽管腾讯没有披露腾讯云的具体数字，但称腾讯云一季度的增速超过行业水平，并认为这主要是因为腾讯平台即服务（PaaS）业务增长不错。\n6，腾讯视频付费用户达到了1.26亿。\n第一季度，腾讯视频付费服务会员数同比增长12%至1.25亿，比上季度增加了200万。与此同时，腾讯视频领先了爱奇艺近2000万会员。\n7，微信依然很稳，但QQ一年流失了近9000万用户。\n根据腾讯披露的数据，微信月活用户高达12.4亿，同比增长3.3%，环比增长1.4%。对于微信这样超级体量的产品，这已经是不错的增速了。\n与此同时，QQ的数据就不怎么好看了，移动端月活跃用户为6.06亿，同比下滑12.6%，一年流失了8710万用户。而稍好一点的信息是，与上一个季度相比，第一季度，QQ的月活又涨了近600万。\n\n\n而QQ月活的下降可能也与腾讯对QQ团队的调整强关联。此前，腾讯让天美工作室群的负责人姚晓光来同时负责QQ。在财报中，腾讯也解释称，腾讯将用技术促进QQ内部社交与内容消费体验之间的融合，比如即时通讯与游戏之间的融合体验。新的QQ新领导团队将致力升级QQ的技术、运营及内容，更好地服务年轻用户在社交及娱乐方面的需求。\n8，投资业务挺亮眼：腾讯一个季度浮盈195亿，投资总估值超过1万亿。\n第一季度，腾讯净利润478亿元人民币，同比增长65%。在这其中，腾讯的投资收益就高达195亿元。\n与此同时，腾讯投资的联盈公司的总估值高达1.1万亿。\n另外，腾讯这一季度投资所花出去的钱也高达550亿元。不得不说，腾讯作为一家投资公司，也是杠杠的。\n\n\n9，腾讯大厂员工数接近9w，人均薪酬成本下降。\n根据财报，腾讯第一季度员工数接近9万，达到了89228名，比去年增长了近2.5万人，同比增长38.9%。员工数量的增速高于薪酬成本的增速，也就是说实际上人均薪酬成本是下降的。当然，粗略计算，腾讯季度人均薪酬成本为22.8万元，月人均薪酬成本为7.6万元，这依然是一个不低的数字。\n总而言之，腾讯的各方面增长还是相当不错的。而至于把利润都去重新投入到重点业务后，腾讯又是否会在这几个部分增长更快，咱们就拭目以待吧","news_type":1},"isVote":1,"tweetType":1,"viewCount":358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":107996596,"gmtCreate":1620437456615,"gmtModify":1634198802353,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565776795708753","idStr":"3565776795708753"},"themes":[],"htmlText":"继续冲啊","listText":"继续冲啊","text":"继续冲啊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/107996596","repostId":"1177037874","repostType":4,"isVote":1,"tweetType":1,"viewCount":295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":124136485,"gmtCreate":1624752515947,"gmtModify":1631889197003,"author":{"id":"3565776795708753","authorId":"3565776795708753","name":"Lucy9988","avatar":"https://static.tigerbbs.com/6a283f43f04eb7b5386fbfdf0675b3f3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565776795708753","idStr":"3565776795708753"},"themes":[],"htmlText":"从支撑点反弹了吗","listText":"从支撑点反弹了吗","text":"从支撑点反弹了吗","images":[{"img":"https://static.tigerbbs.com/237f8103d40eae9e35035bb70284e5bb","width":"1125","height":"2515"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/124136485","isVote":1,"tweetType":1,"viewCount":1032,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"lives":[]}